Li Auto's strong sales growth and market leadership in China's NEV sector continue despite phased-out subsidies, achieving record deliveries of 58,513 vehicles in December 2024. Favorable market ...

Ally Financial recently reported third quarter results that were well received by the market, with management emphasizing record auto finance application volumes, improved credit performance, and ...

Automobile affordability is a significant financial burden, with 80% of new car purchases in 2024 being financed due to high prices and interest rates. Auto loan debt has surged to $1.644 trillion, ...

Škoda Auto plans to expand its global footprint. Credit: Škoda Auto a.s. Czech automobile manufacturer Škoda Auto has reported a record sales revenue of €27.8bn for financial year 2024 ended 31 ...