Honda Motor Co Ltd
Rivian announces new AI tech, in-house chip and robotaxi ambitions
Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy […]
Read More
Nexperia parent shares jump 6% as Beijing signals thaw in tensions with Netherlands
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Shares of Wingtech Technology, parent company of chipmaker Nexperia, extended gains on Monday after Beijing agreed to further talks with a Dutch delegation, easing concerns about a global auto supply crunch. Shanghai-listed Wingtech Technology […]
Read More
Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk
A customer holds up the new orange-colored iPhone 17 Pro Max smartphone inside an Apple retail store in Chongqing, China, on September 19, 2025. Cheng Xin | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know […]
Read More
A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S. […]
Read More
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – Shares of the Detroit automakers closed higher Friday […]
Read More
Tesla, GM lead record U.S. EV sales this year as federal incentives end
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland | CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase […]
Read More
Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns
Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on Tuesday, Sept. 30, 2025. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — “A lot of surprises.” That’s how Ford Motor CEO Jim Farley described his past five years leading the Detroit automaker, which he […]
Read More
What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out
A view of Cadillac Escalade IQ Sport 2 at Electrify Expo San Francisco, the largest electric vehicles (EV) event in North America at Alameda Point in Alameda, California, United States on Aug. 23, 2025. Tayfun Coskun | Anadolu | Getty Images DETROIT — Automakers and investors are about to find out what the “natural demand” […]
Read More
Major Japanese carmakers say they aren’t raising prices in the U.S. because of tariffs
Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters Major Japanese automakers have denied to CNBC that they have raised prices in the U.S. because of tariffs imposed by the Trump administration. That comes after a Nikkei Asia report on Thursday that […]
Read More
Honda Motor quarterly profit halves, missing estimates as U.S. auto tariffs bite
A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first-quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with mean estimates from […]
Read More