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Nissan Motor Co. (TYO:7201) has struck a deal to manufacture vehicles for Chinese automaker Chery Automobile Co. (HKEX:9973) at its Sunderland plant in the UK, the companies announced on Wednesday.
According to a non-binding agreement, Nissan plans to start rolling out Chery passenger cars for the UK market on the 'Line One' production line at their Sunderland plant in the 2027 fiscal year. Meanwhile, Nissan will retain full ownership of the facility in Sunderland.

The company, whose controlling stake is held by China's Zhejiang Geely Holding Group, explained the decline due to increasing challenges in various regions affecting the automotive industry, including the premium segment.
for the given period, which is below the figure of 189 440 units from a year earlier, the company reported on Wednesday.

Mazda North American Operations reported total sales volume in May at 39,066 vehicles, which is 35% higher than May 2025. The company announced the results on Tuesday.
Total sales since the beginning of the year hit 164,667 units, down 6.9% compared to the same period last year. May had 26 trading days compared to 27 in the same period last year. When calculated on a daily sales rate, the figure increased by 40.2%.

Car sales in Europe surged in April thanks to high demand for electric and hybrid models. Tesla (NASDAQ:TSLA) continued to regain its foothold in the region, while Chinese automakers are increasing their market share despite escalating trade tensions.
According to ACEA data released on Tuesday, the number of new car registrations in the EU rose by 5.1% year-on-year in April, totaling 972,314 units. Sales of fully electric vehicles skyrocketed by 37.7% for the month, significantly outpacing the overall market.

According to the Sandhills report, Oppenheimer noted a decrease in stocks of used equipment across the ag, construction, and medium to heavy-duty truck sectors in May.
In the ag sector, overall stocks of used tractors dipped by 1.5% compared to last month and 20.3% year-over-year. The biggest drop came from mid-range tractors: models with 100–174 hp dropped 22.0% year-over-year, while units with 175–299 hp fell by 16.1% year-over-year. Tractors under 100 hp decreased by 28.3% year-over-year, and those over 300 hp saw a 12.5% year-over-year decline.

Global sales of Battery Electric Vehicles (BEVs) in April 2026 hit 1,228,773 units, marking a 16% increase compared to the same period last year, according to data from Global EV Tracker by Morgan Stanley. However, compared to March 2026, when 1,320,686 units were sold, this figure dipped by 7%.

FAIRPORT, New York — Monro, Inc. (NASDAQ:MNRO) dropped their Q4 results on Wednesday, which came in below analysts' expectations.
Auto repair and tire service stock surged by 4.47% in pre-market after the report drop—driven by margin improvements and positive comps for the full year, marking the first time in three years.

Franco-German tank manufacturer KNDS is negotiating to pull in additional production capacity from other sectors, including the automotive industry, aiming to ramp up output in Europe, said CEO Jean-Paul Alari on Tuesday.

Ferrari NV's stock took a hit, dropping over 6% on Tuesday — the same day the Italian luxury carmaker unveiled the Luce, its first fully electric ride priced at €550,000. Deliveries are set to kick off in Q4 2026.
The Luce is a five-seater, four-door whip, designed in collaboration with LoveFrom — the design collective led by former Apple Chief Design Officer Sir Jony Ive.

Nissan's subsidiary JATCO has scrapped plans to produce powertrains for electric vehicles at its Sunderland plant in the UK, according to Reuters citing Nikkei.
The decision was triggered by weaker-than-expected demand for Nissan's electric vehicles in Europe, which negatively impacted investment strategies.

Stellantis (STLAM.MI) and the British company Jaguar Land Rover signed a preliminary agreement on Wednesday for joint vehicle development in the USA, reported the Franco-Italian automaker.
Companies will explore collaboration opportunities in product and technology development. Details about potential partnerships are not disclosed.

In RBC's analytical report, it is claimed that Ford's announced $2 billion investment in Ford Energy may be more linked to potential intersections between battery energy storage systems (BESS) and AI trading rather than fundamental business metrics. The report also discusses parameters that could lead to a valuation of Ford Energy ranging from $1 billion to $5 billion.

Last week, the U.S. Supreme Court unanimously ruled that freight brokers can be held liable in state lawsuits for negligent carrier selection, rejecting the argument for their immunity from such claims. Analysts at Bernstein assessed the potential impact of this decision on the Transport sector.

German auto giant Mercedes might pivot to manufacturing military tech amid global security threats. This was stated by Mercedes-Benz Group CEO Ola Källenius in an interview with The Wall Street Journal, published on Friday, May 15.
"The world has become a more unpredictable place, and, in my view, it’s clear that Europe needs to strengthen its defense capabilities," he said. "If we can play a positive role in this process, we will be ready to do so."

German automotive holding Porsche Automobil Holding SE (Porsche SE) posted a net loss of €923 million in the first quarter of the 2026 financial year. According to a press release published on Wednesday, May 13, the "significant impact" on the results was due to the adjustment of the carrying value of the company's investments.

Volvo Cars is looking at potential partnerships with other companies in the US to boost production capacity at its plant in South Carolina, stated CEO Håkan Samuelsson on Wednesday.
The Swedish automaker is exploring collaboration options in assembly, construction, procurement, and supply chain as it expands its presence in America, Samuelsson reported at the FT "Future of the Car" conference.

The German auto industry is set to lose more jobs in the coming years than previously anticipated. By 2035, German car manufacturers and their suppliers will have to cut around 125,000 jobs, stated Hildegard Müller, chair of the German Automotive Industry Association (VDA), to the Redaktionsnetzwerk Deutschland (RND) on Wednesday, May 13, based on the latest calculations.

Waymo is pulling back 3,791 robo-taxis in the U.S. due to a software glitch in their autonomous driving system that could cause the vehicles to hit flooded roads, the National Highway Traffic Safety Administration (NHTSA) reported on Tuesday.
The recall affects certain fifth and sixth generation automated driving systems installed in the robo-taxis.

American automakers, suppliers, steelmakers, unions, and lawmakers from both parties are ramping up the pressure on Donald Trump ahead of his meeting with China's Chairman Xi Jinping, urging him to prevent even a partial opening of the U.S. market to Chinese cars. This is reported by Reuters.

The Chinese passenger car market took a nosedive in April: sales plummeted by 21.5% year-on-year to 1.4 million units—this is the worst figure for April since 2022, when the country was under COVID lockdowns. This is reported by Bloomberg citing data from the China Passenger Car Association (CPCA).