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Auto and Transport Industry News
2420 posts
Lamborghini unveils $741,172 Revuelto SV as Volkswagen leans on luxury profit engine
Lamborghini's $741,172 Revuelto SV extends the V12 hybrid franchise as H1 profit fell 8.4%, US registrations sank and Ferrari widened its lead over Sant'Agata.
Maersk (CPH: MAERSK-B) hits record as 2026 EBITDA outlook doubles
Maersk hit a record as its 2026 EBITDA outlook doubled. Can high freight rates and port congestion keep MAERSK-B earnings elevated?
Proficient Auto Logistics completes Hansen & Adkins acquisition as combined fleet targets 4m vehicle moves
Proficient Auto Logistics closed its $130M Hansen & Adkins deal, creating North America’s largest auto hauler. See what comes next.
Grand Paris Express project: €36.1bn cost, 200km metro network, Line 18 opening and 2031 completion timeline
Grand Paris Express is building four automated metro lines around the French capital as part of a roughly 200km network with 68 stations. Line 18 is approaching the first opening of an entirely new line in late 2026, while construction, systems integration and commissioning across the wider programme are scheduled to continue through 2031.
A.P. Møller – Mærsk sees stronger 2026 cash flow as port congestion drives shipping rates higher
A.P. Møller - Mærsk raised 2026 profit guidance after Q2 EBITDA hit $3 billion. See how freight rates and congestion are driving earnings.
Yamaha-backed River Mobility secures $120m for manufacturing and retail expansion
River Mobility has secured $120 million from Elev8 Venture Partners, Claypond Capital and existing strategic investors to build new electric scooters, expand its retail network and establish a much larger factory. The capital strengthens River’s challenge to India’s established manufacturers, but profitability and demand after the expiry of national electric two-wheeler subsidies will determine whether its capacity ambitions are economically justified.
Embraer needs up to 151 jet deliveries in H2, but last year shows the target is achievable
Embraer S.A. has delivered 104 commercial and executive jets through June, leaving another 136 to 151 required in H2. That looks demanding, but its 2025 second-half production shows the target is within reach.
South Korea’s Lotte sells car rental unit to TPG for $925m
TPG's 1.31 trillion won Lotte Rental deal hands Lotte Group liquidity at a discount to the collapsed Affinity bid, with KFTC review still the last hurdle.
Embraer S.A. (NYSE: EMBJ) delivers strongest second quarter in company history
Embraer's Q2 revenue hit $2.2 billion with a 38% adjusted net income surge, and shares neared a 52-week high as 2026 EBIT and cash targets were raised.
Boeing exits air taxi race, hands Wisk, Insitu and SkyGrid to Archer Aviation
Archer Aviation gains Insitu's $200M defence business and Wisk autonomy overnight, but Boeing's near 20% stake and HSR review will shape any lasting payoff.