Material company financial results, earnings reports or trading updates.
Polestar cuts 2026 sales outlook as US connected-vehicle ban bites
Polestar has lowered its 2026 sales-growth guidance after US Connected Vehicle Rule restrictions blocked future model-year sales. The EV maker also reported lower first-half revenue and unveiled its Formula 2030 concept car as it seeks to strengthen sales and reach profitability.
Smartgroup novated leases under management rise to 91,600
Smartgroup’s novated leases under management increased 15% year on year to 91,600 at June 2026. New lease orders rose 34%, while first-half revenue increased 13% to $179.5m and operating EBITDA grew 16% to $73.8m.
ChargePoint reports quarterly beat as CEO forecasts continued growth
ChargePoint reported $116.1m in quarterly revenue, beating expectations, while its CEO forecast further growth from new charging products and technology. The company is rolling out faster chargers in Europe and next-generation Level 2 and Level 3 products in the US.
ABAX reports resilient Q2 EBITDA margin despite lower revenue
ABAX reported Q2 2026 revenue of NOK 180.4m and an adjusted EBITDA margin of 42.9%. Offroad ARR rose 8% and Insurance ARR 36%, while Onroad ARR declined 8%. The connected-mobility provider also launched tachograph compliance and marketplace products.
Goodyear extends turnaround plan as cash burn and debt remain high
Goodyear has extended its Goodyear Forward turnaround plan after missing its 10% operating-margin target. The tyre maker is restructuring, refinancing and cutting costs while cash burn is expected to continue into 2027, including after the planned closure of its Fayetteville, North Carolina plant.
BYD reports H1 decline as Blade Battery capacity constrains sales
BYD reported a 7.1% revenue decline and 20.5% fall in H1 2026 net profit, while vehicle exports rose 67.8%. Chairman Wang Chuanfu blamed weaker sales partly on constrained second-generation Blade Battery production, which remains in ramp-up.
AROBS reports 36% first-half turnover growth and 121% profit rise
Romanian technology group AROBS reported H1 2026 turnover of RON 292m, up 36% year on year, while EBITDA rose 29% and net profit increased 121% to about RON 23m. Management maintained its full-year targets.
Ampol expands Australian EV charging network but remains loss-making
Ampol nearly doubled its Australian EV charging bays to 356 and invested A$10m in fast chargers. Its Energy Solutions business posted a A$15.6m first-half operating loss but expects to break even towards the end of 2028.
Quarterhill reports stronger Q2 and advances $70m Conduent tolling deal
Quarterhill reported improved Q2 profitability and agreed to acquire Conduent’s tolling solutions business for $70m plus shares. The deal, due to close in Q4 2026, is expected to nearly triple tolling revenue, while new US and Asia-Pacific contracts support organic growth.
Trimble reports Q2 growth and raises 2026 guidance
Trimble reported second-quarter 2026 revenue of $972 million, up 11% year on year, while annualised recurring revenue rose 14% to $2.51 billion. It raised its full-year revenue and earnings guidance despite a $562 million goodwill impairment in Transportation and Logistics.
Uber gives weaker third-quarter outlook while committing $10bn to AVs
Uber reported second-quarter revenue of $14.19bn and total bookings of $58bn, but issued weaker-than-expected third-quarter bookings and earnings guidance. It also expects to commit more than $10bn to commercialise autonomous vehicles at scale.
Trimble schedules second-quarter 2026 results call
Trimble will host a webcast and conference call on 12 August to discuss its second-quarter 2026 results.
Lucid delays midsize EV launch amid operational reset and results miss
Lucid missed second-quarter expectations and delayed its midsize EV launch to most likely the second half of 2027. CEO Silvio Napoli outlined a $1.4bn cash-flow improvement programme, while production at its Arizona plant has been cut to one shift.
US trucking fleets report stronger Q2 results amid driver shortages
Major US trucking fleets reported stronger second-quarter results as freight demand showed signs of recovery. Executives said capacity is tightening and qualified-driver shortages are worsening, with Werner using AI to improve recruitment.
Cummins raises 2026 outlook after record second-quarter results
Cummins reported record second-quarter 2026 revenue of $9.5bn, up 9% year on year, and raised its full-year revenue growth outlook to 10–13%. North American truck demand and China construction contributed to the improved forecast.
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.
