Automobiles & Components

Stellantis navigates EU profitability woes and U.S. hybrid demand, while Peugeot Invest pledges long‑term support amid the global shift to electrified vehicles.

Magna International’s 3‑month extension with Seeing Machines lets investors weigh debt restructuring, equity partnership prospects, and AI safety market dynamics before a key maturity date.

Rivian recalls 100,000 R1S, R1T, and R2 cars over a rear‑view camera display glitch, offering a free over‑the‑air fix and keeping its EV growth on track.

Regulatory filings reveal Porsche Automobil Holding’s 0.5 % short‑sell positions and MDAX trends—insight into investor sentiment, market impact, and macro‑economic forces.

Volkswagen gears up for a pivotal labor meeting as it faces 35,000 German job cuts, cost‑cutting plans, and investor uncertainty.

Tesla expands energy storage with a large battery hub in Memphis, boosting AI data‑center resilience and spurring demand for advanced lithium‑ion batteries.

Amazon partners with Rivian to launch a cutting‑edge electric delivery fleet featuring 360° safety cameras, smart glasses, and AI routing—boosting speed, safety, and sustainability.

Frankfurt’s MDAX rises again on Sept 22, powered by gains in Porsche, Evonik and Nordex, showing robust mid‑cap growth and investor confidence.

Volkswagen revises its 2026 outlook after €10bn write‑downs, maintaining a 4% operating margin and cutting 35k jobs to boost EV production.

MAGNA International’s latest update highlights its dual focus on automotive and industrial tech, digital manufacturing, and sustainability to navigate market volatility.