Pony AI, Uber plan 2,000-plus Europe robotaxis
Pony AI (NASDAQ:PONY) and Uber Technologies (NYSE:UBER) plan to deploy more than 2,000 robotaxis across five European cities under an expanded partnership.
Pony AI (NASDAQ:PONY) and Uber Technologies (NYSE:UBER) plan to deploy more than 2,000 robotaxis across five European cities under an expanded partnership.
China Automotive Systems (NASDAQ:CAAS) reported record first-half 2026 net sales of $412.5 million, up 20.1% year over year, as electric power steering sales increased and profitability improved.
Uber Technologies (NYSE:UBER) announced that Uber Japan has partnered with Hinomaru Kotsu to manage fleet operations for an autonomous vehicle pilot in Tokyo scheduled to begin in late 2026.
Niu Technologies (NASDAQ:NIU) reported Q2 2026 revenue of RMB1,440.4 million, up 14.7%, as e-scooter sales volume increased to 434,687 units.
Hertz Global Holdings (NASDAQ:HTZ) revealed Q2 2026 revenue of $2.40 billion, up 10%, and GAAP net income of $64 million.
Valvoline (NYSE:VVV) reported fiscal third-quarter sales of $544.6 million, up 24%, as system-wide same-store sales increased 8%.
Uber Technologies (NYSE:UBER) reported second-quarter revenue of $14.2 billion, up 12%, as trips and gross bookings continued growing.
Lear (NYSE:LEA) reported second-quarter 2026 revenue of $6.2 billion, up 3% year over year, while global vehicle production remained roughly flat on a Lear sales-weighted basis.
AutoNation (NYSE:AN) reported second-quarter 2026 revenue of $6.9 billion, down 1% year over year, while adjusted earnings per share increased to $5.56 from $5.46.
Magna (NYSE:MGA) reported second-quarter 2026 sales of $11 billion, up 3% year over year, outperforming a 2% decline in global light vehicle production.
Ferrari (NYSE:RACE) reported second-quarter 2026 revenue of €1.94 billion, up 8% year over year, as demand for personalizations and special models supported results.
Group 1 Automotive (NYSE:GPI) reported second-quarter 2026 revenue of $5.4 billion, down 5.6% year over year, as lower vehicle volumes and finance-related revenue reduced results.
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