Earnings/Financials

VinFast $65 billion stock debut vaults it past Ford, GM, at least for a while

If it follows form of other 'de-SPAC' automaker debuts, this won't last long

Vinfast shares jumped over 200% after Nasdaq debut

On paper, the IPO earned Vietnam's richest person around $39 billion

Biden urges automakers, UAW to make 'a fair agreement'

'The UAW deserves a contract that sustains the middle class'

Weak yen gives Japan's automakers familiar, though temporary, relief

A weak yen has traditionally lifted profits for Japan's big exporters

Vietnamese EV maker VinFast gets go-ahead for Nasdaq IPO stock listing

SPAC deal is 'a vote of confidence' in its expansion plans, the company says

Profit at Honda doubles on strong global sales of cars and motorcycles

Profitability at Honda is up, especially in North America

Honda posts 78% rise in Q1 profit on U.S. sales jump

Automaker beats estimates, even amid chip shortages in some markets

Rivian raises production target, sees narrower loss for 2023

EV truck and SUV maker has second straight solid quarter

Apollo leads deal for trucking firm Yellow's bankruptcy loan

Yellow is the third-biggest trucking company in the U.S.

Ferrari sees better earnings with 'personalizations,' stock falls anyway

Ferrari expects revenue to keep improving as Purosangue roll-out increases

Fisker cuts output forecast on lingering supply chain woes; loss narrows

The company now expects to produce between 20,000 and 23,000 vehicles in 2023

VW in talks with Leapmotor on tech tie-up for Jetta brand - China media

Leapmotor wants to license its in-house platform to other automakers. VW may be interested

Exxon posts 56% profit slump, joins peers in energy price hit

Will gas prices follow?

BYD tells India partner it wants to drop $1 billion EV investment plan-sources

BYD and its partner submitted a proposal to the Indian government in April

GM puts profit ahead of growth, veering away from Tesla

The company will focus on 'winning with simplicity'

Tesla Is lapping Germany’s automakers in the global EV race

Plus the Chinese brands 'will tighten their grip on the market'

An asset manager bet big on Tesla in 2011. The stock is up nearly 15,000% since then

Analysis-Tesla taps Biden tax credits to offset EV price cuts

And more discounts may be coming

Musk open to price cuts as Tesla bets on self-driving future

Musk believes FSD could one day account for most of Tesla's value

Tesla price cuts mean it sold nearly twice the number of cars as it did a year ago

Q2 income jumps 20%, but underlying profit concerns keep shares flat