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Auto and Transport Industry News
2420 posts
Costamare locks in $6.1bn charter revenue after major refinancing push
Costamare secured $6.1 billion in charter revenue and $1.3 billion of refinancing as it funds a major containership fleet expansion.
Gentex earnings rise 19% as margin gains offset automotive sales decline
Gentex earnings rose 19% despite weaker auto sales. See how margin gains, tariff reimbursements and China pressure shaped $GNTX results.
Canadian National Railway revenue climbs 11% as freight mix boosts profitability
Canadian National Railway raised its 2026 outlook as grain and energy freight surged. Read what rising costs mean for NYSE: $CNI investors.
Supply Network (ASX: SNL) lifts FY2026 profit 19% to A$47.7m as final dividend rises to 44c
Supply Network exceeded its annual revenue growth target and lifted profit faster than sales, but its premium ASX valuation makes continued market-share gains the next test.
Why Valvoline recruited a former Shake Shack CFO and KFC’s chief during its biggest growth phase
Valvoline Inc. is strengthening its board with executives experienced in capital markets, data-led restaurant expansion and managing large franchise networks.
Mobileye’s founder is stepping aside just as its biggest technology gamble begins
Mobileye Global is preparing for its first chief executive search after 27 years as founder Amnon Shashua shifts toward long-term technology development, leaving investors to assess a riskier robotaxi and robotics strategy.
Kochi Metro Phase II takes another step forward as Siemens Limited lands telecom package
Siemens Limited will design and deploy the telecommunications system for Kochi Metro Phase II, strengthening its urban rail portfolio as the â‚ą1,957 crore corridor moves through systems integration.
Gentherm expands beyond automotive with medical acquisition and furniture partnerships
Gentherm stock surged 24% after record revenue, raised guidance and a $400m buyback. See what the Modine deal means for $THRM.
Air Canada (TSX: AC) locks in four-year IAMAW agreement across maintenance and airports
Air Canada has secured IAMAW ratification for a four-year agreement covering 11,000 technical, maintenance, airport, cargo and supply employees.
Why does the Penske and Mitsui take-private proposal trail Penske Automotive Group’s (NYSE: PAG) spot price?
Penske and Mitsui bid $210 cash for Penske Automotive's free float, valuing PAG at $13.8bn, yet the stock traded above the offer post-announcement.