Automotive refers to anything related to motor vehicles, particularly those designed for transportation on roads. This category encompasses a wide range of activities, products, and technologies associated with the design, manufacture, maintenance, and operation of vehicles such as cars, trucks, motorcycles, and buses. The automotive industry involves various segments, including vehicle production, parts manufacturing, sales, and service. It also includes advancements in automotive technology, such as electric vehicles, autonomous driving systems, and automotive software. Essentially, “automotive” denotes the field that focuses on vehicles and their functionality, impact on society, and innovation related to transportation.
Rivian faces a notable disparity between vehicle production and sales, with nearly 6,000 units unsold at the start of 2025. In the first quarter, Rivian produced 14,611 vehicles but delivered only 8,640, marking a 36% decline in year-over-year deliveries. The imbalance signals a need to bridge the gap between manufacturing capabilities and market demand. Rivian … Read more
As the remnants of the recent winter storm dissolve in Houston, drivers are reminded to inspect their vehicles thoroughly before hitting the road again. The unusual icy conditions have left many car owners unaware of the potential lingering effects on their vehicles. Mechanics have returned to action, addressing the widespread need for antifreeze replenishment and … Read more
Market turbulence hits automotive giants as companies such as Stellantis, Aston Martin, Renault Group, Volkswagen, Porsche, and Volvo Car experience a significant drop in stock prices. Stellantis witnessed a 14.01% decline due to revised 2024 profit forecasts, settling at 12.51 euros per share. Meanwhile, Aston Martin’s shares plummeted by 20.11% following the announcement of lower … Read more