News

Japanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...
The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
BorgWarner is exiting the EV charging business and consolidating its battery unit as it grapples with shrinking vehicle ...
Big Three automaker Ford is on deck to report first quarter results and reveal what impact President Trump's auto tariffs ...
The $1.5 billion hit Ford now expects comes despite relief granted to automakers last week. Trump spared imports subject to ...
Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 ...
The extent to which Chinese vehicle brands, particularly SUVs, are upending the motor retail market in the country is starkly ...
A sizable decline in first-quarter sales for Caterpillar contributed to a 30% decline in net income to $2 billion, the manufacturer reported Wednesday. Diluted earnings were $4.20 a share ...
Hess reported lower profit and revenue in its latest quarter as results were impacted in part by lower average selling prices for crude oil from a year earlier. The oil-and-gas production company ...
However, PIAM said industry players saw their underwriting profit slashed by 11% last year ... despite a 12.5% decline in average premiums. “However, this segment’s net claims incurred ...
BP logged a record $28 billion profit in 2022, which dropped to $13.8 billion in 2023 and $8.9 billion in 2024. Its fourth-quarter 2024 earnings fell 61% year-on-year—its weakest performance ...