Autos

Rivian (RIVN) Q2 2026 Earnings: Key Financial Results & Analysis

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Rivian Automotive reduced its capital expenditure plans and narrowed projected annual losses while reporting second-quarter financial results, according to company disclosures. The electric vehicle manufacturer lowered its adjusted loss forecast and capital spending targets while reconfirming vehicle delivery goals for the year. Rivian Narrows Annual Losses and Trims Capital Spending Targets Rivian reported adjusted annual … Read more

Mercedes CEO Vows to Protect US Business Amid China Tensions

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Mercedes-Benz is moving to shield its U.S. operations from a potential sales ban as Washington lawmakers target the German carmaker over its significant Chinese ownership stake. According to Reuters, the U.S. Senate Commerce Committee advanced legislation last week that would toughen restrictions on Chinese automakers entering the domestic market, raising regulatory hurdles for Mercedes because … Read more

Volkswagen Profit Drops and Cuts Revenue Outlook

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German automaker Volkswagen reported an operating profit of 3.5 billion euros ($3.98 billion) for the April to June period, missing LSEG consensus expectations of 4.3 billion euros and falling nearly 10% from the previous year. Volkswagen Cuts Sales Forecast and 2026 Revenue Expectations Europe’s biggest carmaker revised its 2026 sales revenue guidance to a range … Read more

Alphabet and Tesla: AI Spending Clouds Growth Prospects

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Alphabet and Tesla are recalibrating their financial strategies as aggressive capital expenditure (capex) on artificial intelligence weighs on their short-term free cash flow. According to earnings reports from both companies released on Wednesday, rising infrastructure costs—driven by data center expansion and AI hardware—have led to negative free cash flow for the latest quarter, triggering investor … Read more

China’s Industrial Profits Remain Resilient Amid Economic Shift

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China’s industrial sector reported a 21.1% year-over-year profit increase in May, according to data from the National Bureau of Statistics (NBS). This growth, while slowing from April’s 24.7% pace, highlights a deepening divide in the Chinese economy, where a global surge in artificial intelligence investment currently offsets persistent domestic weaknesses like the property sector downturn … Read more

Elon Musk vs. Larry Page: Why SpaceX and Google Are Now Closer Than Ever

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SpaceX has shifted from a Google-backed startup to a critical infrastructure provider for the search giant, inking a $920 million monthly deal to supply AI compute capacity as part of a broader, complex rivalry between Elon Musk and Google co-founder Larry Page. This partnership, which follows Google’s initial $900 million investment in SpaceX in 2015, … Read more

Rivian CEO vs. Elon Musk: Differing Strategies for Humanoid Robots

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Rivian Automotive CEO RJ Scaringe is positioning his new venture, Mind Robotics, to integrate humanoid robots into industrial manufacturing, with Rivian serving as the primary launch customer. According to Scaringe, the company has raised over $1 billion to develop robots capable of collaborating alongside human workers in factory environments. This move distinguishes Scaringe’s strategy from … Read more

Proposed Bill Could Ban Mercedes-Benz from U.S. Market

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The Great Decoupling: Is Your Favorite Luxury Car Next on the Congressional Chopping Block? The global automotive landscape is shifting beneath our feet. As Washington turns its gaze toward national security, a new wave of legislation is threatening to disrupt the supply chains and ownership structures that have defined the industry for decades. At the … Read more

Detroit automakers have cut over 20,000 U.S. salaried jobs as AI looms

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The White-Collar Shift: How AI is Redefining the American Auto Industry For decades, the narrative surrounding automation in the automotive sector focused almost exclusively on the factory floor. We talked about robotic arms replacing assembly line workers and the gradual decline of manual labor. But a new, more quiet revolution is happening in the glass … Read more

Trump warned over China autos in U.S.

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The High-Stakes Tug-of-War Over the American Road The global automotive landscape is currently witnessing a collision between two opposing forces: the aggressive expansion of Chinese electric vehicle (EV) giants and a surging wave of economic nationalism in the United States. At the heart of this conflict is a fundamental question: Can the U.S. Protect its … Read more

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