United States Auto And Cars

CarMax (NYSE:KMX) reported a 6.2% increase in net revenues to $8 billion for the first quarter ended May 31, 2026.

Rivian Automotive (NASDAQ:RIVN) announced a new round of layoffs this week as the electric vehicle maker attempts to streamline operations and reduce costs.

Driven Brands Holdings (NASDAQ:DRVN) reported a rise in profit and revenue for the first quarter of fiscal 2026, supported by robust performance in its quick-lube business even as the company navigates elevated corporate expenses stemming from its recent financial restatements.

NIO (NYSE:NIO) confirmed that the U.S. Department of Defense has added the company to its updated list of "Chinese military companies," prompting a swift pushback from the electric vehicle manufacturer as it prepares to contest the designation.

VinFast Auto (NASDAQ:VFS) reported a 41.7% increase in first-quarter revenue, boosted by a sharp rise in electric vehicle deliveries and aggressive international retail expansion.

Thor Industries (NYSE:THO) reported a drop in fiscal third-quarter profit and revenue, prompting the recreational vehicle manufacturer to lower its full-year earnings expectations.

Li Auto (NASDAQ:LI) announced Monday that it delivered 33,350 vehicles in May 2026, securing steady volume as the premium automaker kickstarts a fresh product refresh cycle across its smart electric vehicle lineup.

NIO (NYSE:NIO) reported total deliveries of 37,705 vehicles for May 2026, representing a 62.3% increase compared to the same period last year.

XPENG (NYSE:XPEV) announced total vehicle deliveries of 32,158 units for May 2026, continuing a steady upward path in the highly competitive smart electric vehicle market.

Lucid Group (NASDAQ:LCID) announced that Silvio Napoli has officially assumed the role of Chief Executive Officer (CEO), effective immediately.

Uber Technologies (NYSE:UBER) and Israel-based autonomous vehicle technology developer Autobrains announced on Monday a joint initiative to launch a commercial robotaxi program in Munich, marking an expansive push to scale autonomous ride-hailing infrastructure across Europe.

Autohome (NYSE:ATHM) reported a steep decline in first-quarter revenue and recorded an operating loss, reflecting a challenging landscape for automotive advertising and lead-generation platforms in China.