Advance Auto Parts delivers beneficial guidance for 2024, including a reduction in costs and optimization of financial accounting. The potential sale of Worldpac and the Canadian business may enhance ...

European auto giants reported a sharp drop in first-quarter profit, and many suspended or cut full-year financial guidance, partially attributing the industry pain to U.S. President Donald Trump's ...

Li Auto's strong sales growth and market leadership in China's NEV sector continue despite phased-out subsidies, achieving record deliveries of 58,513 vehicles in December 2024. Favorable market ...

CEO David Li highlighted the company's performance in Q1 2025, noting a strong quarter with a focus on profitability, free cash flow generation, and leverage improvement. He emphasized "our fourth ...

Li Auto Inc. LI revised its outlook for first-quarter 2024 delivery due to lower-than-expected order intake. The China-based automaker now estimates first-quarter vehicle delivery in the range of ...

On February 23, the CFPB issued market-monitoring orders to nine large auto lenders to provide information about their auto lending portfolios. According to the CFPB, auto finance market has seen ...

Li Auto LI reported second-quarter revenue 11% above the high end of the firm’s guidance. A vehicle margin of 21% improved by 1.3 percentage points from last quarter, largely benefiting from economies ...