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Grafa
Technology

SunCar Technology revenue rises 28% on Chinese EV insurance surge

SunCar Technology Group (NASDAQ:SDA) reported an expansion in first-quarter revenue and sustained bottom-line profitability, driven by accelerating consumer demand for electric vehicle insurance and broader commercial partnerships with major digital and automotive brands across China.

Read more: SunCar Technology revenue rises 28% on Chinese EV insurance surge
Grafa
Auto and cars

Advance Auto Parts swings back to operating profit on resilient same-store sales

Advance Auto Parts (NYSE:AAP) reported a significant turnaround in operating profitability for the first quarter of 2026, leveraging steady retail transactions and a cleaner operational cost profile to move past heavy restructuring expenses from the prior year.

Read more: Advance Auto Parts swings back to operating profit on resilient same-store sales
Grafa
Auto and cars

Stellantis and Dongfeng plan European JV to distribute and build Chinese EVs

Stellantis (NYSE:STLA) and China's Dongfeng Motor Group announced their intention to establish a new, Europe-based joint venture to manage the sales, distribution, and potential localized manufacturing of Dongfeng’s electric vehicles across the continent.

Read more: Stellantis and Dongfeng plan European JV to distribute and build Chinese EVs
Grafa
Auto and cars

Mister Car Wash finalizes $3.1B take-private acquisition by Leonard Green

Mister Car Wash (NASDAQ:MCW) announced the successful completion of its take-private acquisition by investment funds managed by private equity firm Leonard Green & Partners (LGP), finalizing an all-cash transaction valued at an enterprise total of $3.1 billion.

Read more: Mister Car Wash finalizes $3.1B take-private acquisition by Leonard Green