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Auto and Transport Industry News
2235 posts
Mitsui’s Kassø e-methanol lands OMV as RFNBO offtaker, unlocking EU land fuel demand
Mitsui and European Energy added OMV as RFNBO offtaker for Kassø's e-methanol; four verticals now anchor a plant whose value lies in template, not tonnage.
Alaska Airlines adds Athens and Paris as Seattle long-haul bet moves from experiment to network strategy
Alaska Airlines will add Seattle-Athens and Seattle-Paris in May 2027, taking its intercontinental network to seven destinations as the Hawaiian merger turns widebody flying into a central growth strategy.
Titagarh Rail gets full traction motor vendor approval, but the 1,200-unit number is not an order
Titagarh Rail Systems Limited can now compete as an approved Indian Railways vendor for up to 1,200 locomotive traction motors annually. The milestone strengthens a propulsion business already dispatching hundreds of motors, but actual orders and passenger rail execution will determine the earnings impact.
Navios Maritime shares rise as Q2 profit doubles and $4.4bn charter backlog expands
Navios Maritime Q2 revenue rose 25% as charter rates surged, profit doubled and its backlog hit $4.4B. See how a $200M buyback changes the outlook.
Genesis GV90 arrives as Hyundai Motor margins tighten. Can premium pricing change the equation?
Genesis has turned its Neolun concept into the 123.5 kWh GV90 luxury electric SUV, giving Hyundai Motor Company a crucial test of how much pricing power the Korean brand has built after a decade of rapid expansion.
SANY’s SKT110Ei enters South America as Chinese mining automation takes on entrenched rivals
SANY’s first South American SKT110Ei shipment combines electric autonomous trucks, cloud dispatching and mine-site support, but the undisclosed customer and fleet size leave the commercial scale of the breakthrough to be proven.
Trainline (LSE: TRN) shares plunge as CMA opens drip-pricing investigation into booking fees
Trainline shares plunged after a CMA booking-fee probe, adding regulatory pressure as Great British Railways reshapes the UK rail ticket market.
IRCTC catering drove 88% of Q1 revenue growth, but profit barely moved
Indian Railway Catering and Tourism Corporation Limited grew Q1 FY27 revenue 18%, but profit stayed near ₹330 crore as catering became a much larger part of the mix and internet-ticketing margins weakened. Rising UPI usage now adds another monetisation challenge to its dominant railway platform.
Einride stock reverses despite 500 Tesla Semi deal as losses overshadow 60% growth outlook
Einride plans 500 Tesla Semis and expects 60%–73% H2 growth, but shares reversed as heavy losses and cash burn raised execution questions.
Pony AI Robotaxi sales reach $12.1m as fleet targets 3,500 vehicles by year-end
Pony AI Robotaxi revenue surged 691% as its fleet neared 2,000 vehicles. See how global expansion is testing the path to profitability.