Automotive 27 April 2026 - 22 May 2026

Rivian Shares Head Toward R2 Event After Holiday-Weekend Move
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Rivian Shares Head Toward R2 Event After Holiday-Weekend Move

Rivian shares closed at $14.22 before the Memorial Day break, up 3.1% from the previous week. The company began production and internal deliveries of its R2 SUV in April, with customer deliveries expected soon. Rivian reported a $416 million net loss on $1.38 billion first-quarter revenue. Uber agreed to invest up to $1.25 billion for 10,000 autonomous R2 SUVs by 2028.
May 24, 2026
Qualcomm shares jump on new Stellantis AI-car partnership
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Qualcomm shares jump on new Stellantis AI-car partnership

Qualcomm shares surged 12% Friday after Stellantis expanded a multi-year deal to use its Snapdragon technology in next-generation vehicles. The stock hit $243 before paring gains, nearing its 52-week high. The PHLX Semiconductor Index rose 2.5%, while Nvidia slipped. Stellantis plans to use Qualcomm systems for cockpit, connectivity, and driver-assistance features.
May 22, 2026
VinFast Shares Drop as North Carolina Ups Ante
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VinFast Shares Drop as North Carolina Ups Ante

VinFast shares fell Friday after North Carolina sued the company for allegedly breaching agreements on a stalled EV plant, seeking to recover about $80 million in state funds. The lawsuit followed VinFast’s announcement to sell its main Vietnamese manufacturing business and transfer $7 billion in debt. The company said it would review the suit and construction would begin soon. VinFast stock dropped despite broader Wall Street gains.
May 22, 2026
Hesai Stock Jumps on 1 Million-Unit Lidar Deal, but There’s a Catch
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Hesai Stock Jumps on 1 Million-Unit Lidar Deal, but There’s a Catch

Hesai’s U.S.-listed shares fell 2.6% in premarket trading Friday after the company announced an order exceeding 1 million lidar units from an unnamed top-tier European automaker. Hong Kong shares rose 4.8%. Daiwa raised its price target, but Bernstein, SocGen, and Citi cut theirs after earnings. First-quarter revenue rose 29.6% to $98.7 million, with net income of RMB18.3 million.
May 22, 2026
Shell Diesel Price Error Gives German Drivers Rare Autobahn Bargain Under New Noon Rule
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Shell Diesel Price Error Gives German Drivers Rare Autobahn Bargain Under New Noon Rule

Shell Deutschland sold diesel for 1.849 euros a litre at some German motorway stations on Tuesday after a manual pricing error, undercutting rivals by about 10 cents. The mistake could not be corrected during the day due to Germany’s new law allowing only one daily price increase at noon. Shell did not specify how many sites were affected. The error occurred at stations in North Rhine-Westphalia, Lower Saxony, and Saxony.
May 12, 2026
Toyota Industries’ 77-Year Market Run Is Ending After Toyota Group Buyout Vote
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Toyota Industries’ 77-Year Market Run Is Ending After Toyota Group Buyout Vote

Toyota Industries shareholders approved a share consolidation Tuesday, clearing the way for delisting from the Tokyo and Nagoya exchanges on June 1. The $30 billion take-private deal, Japan’s largest since 1985, will end a public listing dating to 1949. Most minority shareholders will be bought out for cash after the reverse split. The company will also sell its cross-shareholdings in other Toyota group firms.
May 12, 2026
Chery’s Japan EV Push Gets a Reality Check From Autobacs
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Chery’s Japan EV Push Gets a Reality Check From Autobacs

Autobacs Seven said it invested in Singapore’s Electric Mobility Technology but has not decided on selling or servicing China-made EVs in Japan. The company narrowed reports of a venture with Chery Automobile to sell EVs from 2027. Chery said it is only a shareholder in EMT and not involved in operations. Autobacs will announce any sales or service plans once decisions are made.
May 12, 2026
Subaru Slashes Profit Outlook as EV Write-Down and Middle East Shipping Delays Bite
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Subaru Slashes Profit Outlook as EV Write-Down and Middle East Shipping Delays Bite

Subaru slashed its operating profit forecast for the year ended March 31 to 40 billion yen from 130 billion yen, citing U.S. weather disruption, Middle East shipping delays, and a battery-EV asset write-down. Shares closed down 1.63% in Tokyo, hitting a year-to-date low. Net profit is now expected at 90 billion yen, down 73% from last year. Revenue was also trimmed to 4.78 trillion yen.
May 11, 2026
Tata Motors April 2026 Sales: Punch, Nexon And EVs Turn India’s Auto Race
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Tata Motors April 2026 Sales: Punch, Nexon And EVs Turn India’s Auto Race

Tata Motors reported April domestic passenger-vehicle sales of 59,000 units, up 31% year-on-year, led by Punch and Nexon SUVs. India registered about 415,000 passenger vehicles in April, an 11.2% increase from last year, according to JATO Dynamics. Electric two-wheeler sales reached 148,740 units, with TVS Motor leading the segment. Maruti Suzuki remained the top automaker, followed by Tata and Mahindra.
May 11, 2026
KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus
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KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus

KPIT Technologies founder and chairman S.B. (Ravi) Pandit died in Pune on Friday, the company said in a regulatory filing. The cause of death was not disclosed and no successor was named. KPIT reported Q4FY26 revenue of $185 million and $349 million in new deals, but shares had fallen the previous day after a 33% drop in quarterly profit. Markets were closed at the time of the announcement.
May 8, 2026
Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines
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Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines

Rolls-Royce will start field tests of a hybrid drive system for mining trucks in autumn 2026, aiming to cut fuel use and emissions by up to 30%. Power Systems order intake jumped about 50% in Q1, with a £7.3 billion backlog at March’s end. Shares closed at 1,218.26p Friday, down 3.24% after a volatile week. The company kept its 2026 profit guidance unchanged despite Middle East-related disruptions.
May 8, 2026
Geely-Ford Spain Plant Deal Could Give Chinese EVs a Faster Route Into Europe
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Geely-Ford Spain Plant Deal Could Give Chinese EVs a Faster Route Into Europe

Geely has agreed to buy Ford’s idle Body 3 assembly hall at the Almussafes plant near Valencia, according to La Tribuna de Automoción, giving the Chinese automaker a European production base. Ford has not confirmed the deal. The hall previously built Mondeo, S-Max, and Galaxy models, but now sits unused as Valencia output fell 18% last year. EU tariffs on Chinese EVs reach up to 35.3%.
May 7, 2026
Volkswagen’s Four-Plant Shock: Blume’s €30 Billion Cut Puts VW Overhaul on a Harder Track
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Volkswagen’s Four-Plant Shock: Blume’s €30 Billion Cut Puts VW Overhaul on a Harder Track

Volkswagen CEO Oliver Blume is considering closing four plants and slashing investment by about 30 billion euros, Manager Magazin reported Wednesday. Weak output at German sites, a low first-quarter margin, and tariffs costing 5 billion euros a year have intensified cost pressures. VW is also weighing defense-sector use for some sites and China-linked production in Europe.
May 6, 2026
Ferrari Stock Falls After Strong Q1 as Luce EV, U.S. Tariffs Test 2026 Outlook
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Ferrari Stock Falls After Strong Q1 as Luce EV, U.S. Tariffs Test 2026 Outlook

Ferrari shares fell 4% Tuesday after first-quarter results, despite the company maintaining its 2026 financial targets. Net revenue rose 3% to 1.85 billion euros, while net profit was flat at 413 million euros and deliveries dropped to 3,436 cars. The company cited planned model shifts and warned of U.S. tariff and currency risks. CEO Benedetto Vigna said the order book now extends toward late 2027.
May 6, 2026
BYD’s Reported VW Dresden Plant Move Hits a Hard Denial — And a Bigger EV Question
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BYD’s Reported VW Dresden Plant Move Hits a Hard Denial — And a Bigger EV Question

Volkswagen has denied reports that China’s BYD is in talks to take over part of its Gläserne Manufaktur in Dresden, after German media cited a CarNewsChina story. The Dresden plant stopped car production in December 2025, with Volkswagen planning an innovation campus on the site. BYD declined to comment. EU tariffs on Chinese EVs and slow BYD market growth in Germany add pressure to localize production.
May 5, 2026
Barclays Faces Q1 Test as £9.1 Billion Car-Finance Overhang Starts to Clear
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Barclays Faces Q1 Test as £9.1 Billion Car-Finance Overhang Starts to Clear

The UK motor-finance trade body said it will not challenge the FCA’s £9.1 billion redress scheme, removing a legal risk for Barclays ahead of its Q1 results on Tuesday. Barclays has joined Lloyds, Santander, and Close Brothers in stepping back from court action. The FCA estimates 12.1 million agreements are eligible for compensation. Barclays disclosed £116 million in share buybacks last week.
April 27, 2026
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Stock Market Today

  • Bank of Queensland (BOQ) Shares Valuation Analysis Using PE Ratio and Dividend Discount Model
    May 24, 2026, 5:33 PM EDT. The Bank of Queensland Limited (ASX: BOQ) currently trades around $6.35 per share. Two common valuation methods are used to assess BOQ shares: the Price-to-Earnings (PE) ratio and the Dividend Discount Model (DDM). BOQ's PE ratio stands at 15.5x, below the banking sector average of 18x, suggesting potential undervaluation using sector comparisons. The sector-adjusted PE valuation approximates BOQ's share price at $7.46. The DDM, favored for banks due to consistent dividends, offers a robust valuation approach by discounting expected future dividends. These methods provide indicative insights but are not guarantees. ASX bank shares like BOQ remain popular for reliable dividends and franking credits, adding value to income-focused investors.