Material company financial results, earnings reports or trading updates.
Rivian cuts 2026 spending forecast and narrows loss guidance
Rivian cut its 2026 capital-spending forecast by $250 million at the midpoint and narrowed its projected adjusted loss. It maintained its 65,000–70,000 delivery target while ramping up R2 production at its Normal, Illinois plant.
Ferrari raises 2026 guidance after second-quarter earnings beat
Ferrari raised its 2026 guidance after second-quarter earnings beat expectations, citing resilient demand, personalisation orders and an order book extending through 2027. Q2 operating profit reached €605m, while net profit rose 9% to €463m.
Stellantis returns to profit as North American demand improves
Stellantis returned to second-quarter net profit of €293m, compared with a €1.87bn loss a year earlier, as North American demand improved. Adjusted operating income more than tripled, but missed analysts’ expectations and shares fell about 5%.
Carvana reports record second-quarter profit and raises 2026 earnings outlook
Carvana reported record second-quarter results, with net income of $513 million and vehicle sales up 38% to 197,325 units. It forecast adjusted earnings of $2.7bn-$3bn for 2026.
Ford earnings preview focuses on guidance and F-Series production recovery
Ford is expected to report a year-on-year decline in second-quarter automotive revenue and adjusted earnings. Investors are also watching 2026 guidance, warranty and commodity costs, and the recovery of F-Series truck production after an aluminium supplier resumed operations in New York.
TFI reports strong Q2 as it targets higher US LTL pricing
TFI International reported strong second-quarter growth, with revenue up 12% and net income up 39%. The trucking group plans to raise underpriced US LTL rates, while tighter enforcement and constrained capacity support a more durable truckload recovery.
Stellantis Pro One reports 7% first-half commercial-vehicle sales growth
Stellantis Pro One reported 7% first-half 2026 sales growth and maintained strong commercial-vehicle positions globally. It led Europe’s battery-electric van market, increased shares in South America and North America, and launched the Ram Dakota in Brazil.
VINCI reports excellent first-half 2026 results
VINCI reports excellent first-half 2026 results, supported by energy services, strong orders and cost control despite geopolitical and macroeconomic pressures. The group also highlights international infrastructure investments and concession activity.
Tesla shares slump after negative cash flow and higher project spending
Tesla shares fell 18% in their worst weekly performance since 2022 after second-quarter results showed negative cash flow amid increased spending on robotaxis, humanoid robots and chip manufacturing. The article also covers SpaceX’s planned Starship V3 test flight.
Volkswagen cuts 2026 revenue outlook after quarterly profit slump
Volkswagen reported a weaker-than-expected second-quarter operating profit and cut its 2026 revenue outlook to between -3% and 0% year on year. The carmaker cited the end of US production of its ID.4 electric SUV, adverse vehicle mix and rising costs.
Mullen Group reports record quarter and raises 2026 capital budget
Mullen Group reported record second-quarter revenue and earnings, raising its 2026 capital budget by C$50 million to prepare for freight growth and potential nation-building and Alaska LNG projects.
Tesla profits squeezed as AI spending drives cash burn
Tesla reported stronger-than-expected revenue but sharply lower earnings and negative cash flow, as heavy spending on AI, Full Self-Driving and robotaxis squeezed profits. Elon Musk also suggested Tesla and SpaceX have increasing technological overlap.
Tesla reports negative cash flow as self-driving and AI spending accelerates
Tesla reported negative second-quarter free cash flow and expects more than $25bn in 2026 capital spending, including investment in self-driving, AI, robotics and driverless Cybercab production.
Tesla prepares to report second-quarter results amid EV and Robotaxi scrutiny
Tesla is due to report second-quarter results, with investors focused on vehicle deliveries, its EV recovery, driverless Robotaxi plans and progress in robotics and AI initiatives.
GM expected to report higher adjusted earnings despite slight revenue decline
General Motors is expected to report a 26% rise in adjusted earnings per share and a slight revenue decline for the second quarter. Investors will focus on tariffs, pricing, commodity costs and any changes to the automaker’s 2026 guidance.
China automakers face profit squeeze from raw material and chip costs
First-half forecasts from six listed Chinese automakers show four expecting losses, while the two profitable companies anticipate net-profit declines of nearly 60% or more. Rising raw-material and automotive storage-chip costs are squeezing margins amid weak demand and heavy discounting.
J.B. Hunt reports 19% revenue growth as freight demand improves
J.B. Hunt reported second-quarter net income of $181 million and revenue of $3.5 billion, up 19% year on year. Intermodal and most divisions improved as freight demand gradually recovered, although higher purchased transportation costs weighed on truckload profitability.
Tesla reports 480,126 vehicle deliveries in second quarter
Tesla reported 480,126 vehicle deliveries in the second quarter of 2026, exceeding analyst expectations of about 406,600. Model 3 and Model Y deliveries accounted for 467,762 vehicles as the company seeks to reverse consecutive annual sales declines.
Rivian Raises 2026 Delivery Outlook After Q2 Demand
Rivian has raised its 2026 delivery guidance to 65,000-70,000 units after stronger-than-expected second-quarter demand; it has produced 12,613 units, has delivered 12,194 and has begun ramping R2 output at its Normal, Illinois plant.
Wielton reports improved fourth-quarter EBITDA despite a full-year loss
Wielton Group reported fourth-quarter EBITDA of PLN 7.9m, compared with a PLN 30.0m loss a year earlier. Full-year revenue rose 3.7% to PLN 2.18bn, while vehicle sales increased 7.2% to 15,548 units.
Toyota’s BEV sales rise 171% as overall global sales decline
Toyota and Lexus reported a 7.2% year-on-year fall in global May sales to 834,279 vehicles, while battery-electric sales rose 170.9% to 37,313. BEV sales for the first five months of 2026 reached 155,074, up 138.3% year on year.
GM reports 4.2% fall in second-quarter US vehicle sales
General Motors reported a 4.2% year-on-year decline in second-quarter US vehicle sales to 714,896 units, with electric-vehicle and Chevrolet Silverado demand falling. First-half sales decreased 6.8%.
Porsche to close nearly half its Chinese dealerships amid steep losses
Porsche plans to reduce its mainland China dealer network from about 150 outlets to 80 as losses, falling deliveries and weak retail margins intensify. The company also reported a 92.7% decline in annual operating profit and a 26% drop in Chinese sales.
CATL reports £20.7bn Q1 profit as battery installations grow in China
CATL’s first-quarter 2026 net profit reached 20.7 billion yuan, exceeding the combined profits of seven major Chinese automakers. Its battery installations in China rose to 59.52 GWh, giving it a 46.4% market share.
CarMax Q1 beats; CEO outlines turnaround plan
CarMax has reported Q1 results that have beaten estimates but have shown declining retail used-vehicle margins and lower gross profit per unit; the new CEO has outlined a multi-year turnaround plan while noting growth and cost challenges.
BMW cuts profit outlook after China slowdown, Iran war
BMW has cut its 2026 profit outlook after demand in China has slowed and energy costs linked to the Iran war have risen; the move has triggered a share decline and has exerted pressure on European automakers.
ABAX Q1 2026 Financial Results
ABAX has reported Q1 2026 revenues of 187.0 MNOK and adjusted EBITDA of 73.0 MNOK, with the adjusted EBITDA margin increasing to 39.0%; the company has cited cost discipline, product launches and stabilisation in Sweden.
Wielton returns to positive EBITDA as first-quarter revenue rises 16%
Wielton reported first-quarter 2026 revenue of PLN 565.1 million, up 16.2% year on year, while EBITDA improved to PLN 3.4 million from a loss of PLN 16.6 million. Vehicle sales increased 6.2% to 3,858 units.
AutoZone beats earnings estimates despite sales and margin concerns
AutoZone exceeded Wall Street’s quarterly earnings expectations, but its shares fell sharply as analysts raised concerns about slowing sales, international growth, margin compression and ongoing inflationary pressures.
Xiaomi reports $5,600 loss per EV in Q1 2026
Xiaomi has reported Q1 2026 smart EV revenue of 19.9bn yuan and an operating loss of 3.1bn yuan, with 80,856 vehicles delivered and an implied loss of about US$5,600 per vehicle.
Toyota Q4 earnings fall amid EV transition delays
Toyota has reported a 21.5% decline in Q4 operating income, margins have fallen from 10% to 7.4%, and its North American unit has posted a $2 billion operating loss; its BEV market share has remained low amid sustained underinvestment.
Nio posts second consecutive profitable quarter
Nio has reported a second consecutive profitable quarter in Q1 2026, with operating profit of 66.8 million yuan and revenue of 25.53 billion yuan. It has disclosed a 19.0% gross margin and provided Q2 delivery and revenue guidance.
Cummins raises 2030 targets, expands engine and power capex
Cummins has raised its 2030 financial targets and has announced expanded large-engine capacity and product investments to strengthen its position in mining and power generation markets, and has reaffirmed its strategy and capital allocation priorities.
Honda abandons EV targets, shifts focus to hybrids
Honda has posted its first annual loss following a multi-billion yen writedown of its EV strategy, has abandoned prior EV sales targets and has announced a strategic shift to develop and produce next‑generation hybrid models.
Honda posts operating loss as shares rise over 7%
Honda has swung to an operating loss of ¥414.3bn for the year to March, while shares have risen over 7% after guidance has come in ahead of estimates; the company has announced an EV restructuring expected to cost over $9bn.
Investors Challenge Daimler Truck's EV Strategy
Activist investors have challenged Daimler Truck's lobbying and product strategy after 2025 profit and North America sales declines, noting lost EV market share to Tesla and Chinese entrants and arguing regulatory interventions have heightened concerns about the company's long-term competitiveness.
Toyota Q4 profit falls 49% amid US tariffs
Toyota has reported a 49% drop in fourth-quarter operating profit, missing estimates, and has lowered its operating income forecast by over 20% while raising sales revenue guidance; it has cited US tariffs and higher investment costs as key pressures.
Uber issues higher bookings guidance after Q1 revenue miss
Uber has reported Q1 revenue below estimates but has issued bookings guidance above expectations, has seen strong delivery growth and has recorded a net income hit from a $1.5bn equity revaluation.
Trimble reports 12% revenue growth in first quarter of 2026
Trimble reported first-quarter revenue of $939.9 million, up 12% year on year, with annualised recurring revenue reaching $2.43 billion. The company also provided second-quarter and full-year 2026 financial guidance.
Lucid to align production amid elevated inventories
Lucid has announced measures to align production with customer demand after identifying elevated inventories, has reported first-quarter production and delivery figures and missed revenue and EPS expectations, and has attributed delivery shortfalls to a supplier issue affecting its Gravity SUV.
Ferrari beats first-quarter expectations and reconfirms 2026 guidance
Ferrari exceeded first-quarter earnings and revenue expectations, despite a 4.4% year-on-year decline in deliveries. The sports-car maker reconfirmed its 2026 guidance ahead of the scheduled 25 May debut of its first fully electric vehicle.
Cummins raises 2026 outlook after strong first-quarter results
Cummins reported first-quarter 2026 revenue of $8.4 billion and raised its full-year revenue and EBITDA outlook, citing stronger North American on-highway and power-generation demand. Results included a $199 million charge linked to the sale of its low-pressure fuel-cell business.
ABAX Group 2025 Annual Report: Smart Operations strategy
ABAX Group has published its 2025 report, showing revenues of NOK 798.1m, an adjusted EBITDA margin of 40% and a SEK 900m refinancing; it has reported growth in Offroad and Insurance while Onroad revenue has been affected by Swedish conditions.
Wielton reports improved fourth-quarter EBITDA despite annual loss
Trailer and bodywork group Wielton reported 2025 revenue of PLN 2.18bn and sales of 15,548 vehicles. Fourth-quarter EBITDA improved to PLN 7.9m from a PLN 30m loss a year earlier, although annual EBITDA remained negative at PLN 15.3m.
Stellantis shares fall after Q1 results
Stellantis has reported a near tripling of adjusted operating income to €960m, has recorded first-quarter net revenues of €38.1bn and has posted a net profit of €377m, while Milan-listed shares have fallen more than 10%.
Volkswagen Q1 operating profit down 14%
Volkswagen has reported a 14.3% decline in first‑quarter operating profit to €2.5bn, has cited higher US tariffs and intensified Chinese competition, and has outlined job reductions and product measures while projecting a 4–5.5% 2026 operating return on sales.
Carvana reports record first-quarter results
Carvana has reported record first-quarter results, with earnings per share of $1.69 and revenue of $6.43bn, both above estimates; retail unit sales have risen 40% year on year and the company has forecast increases in Q2 units and adjusted EBITDA.
Ford to report quarterly results after the bell
Ford has been set to report results after the bell; analysts have pencilled in 3.7% automotive revenue growth and 35.7% adjusted EPS rise. Investors have been watching guidance, US$19.5bn restructuring charges, Novelis fire impacts and geopolitical and tariff risks.
