Bridgestone Corp. reported a 14.8% year-over-year increase in net profit to ¥327.3 billion (nearly $2.1 billion) in the financial year ended Dec. 31, 2025, as revenue remained stable at ¥4.43 trillion, reported in 2024. The Japanese tiremaker also recorded a 2.2% year-over-year growth in operating profit to ¥493.7 billion. The company reported cash flow from operating activities of ¥660.4 billion, compared with ¥548.8 billion in 2024. At the end of the financial year, Bridgestone had cas...

BorgWarner reported its 2025 financial outcomes, showing a 1.6% increase in sales totaling $14.3 billion compared to 2024. When excluding foreign currency impacts, organic sales rose by 0.5%. The company reported net earnings of $1.28 per diluted share; however, adjusted net earnings, which exclude $3.63 of net losses from non-comparable items, were $4.91 per diluted share, experiencing a 14% boost from 2024. Operating income settled at $536 million, or 3.7% of net sales, but after excluding ...

Dauch Corp. previously known as American Axle & Manufacturing, released its financial results for the fourth quarter and full year ended Dec. 31, 2025. In the fourth quarter, the company’s sales remained stable at $1.38 billion, as recorded during the same period a year earlier. Dauch reported an operating loss of $33.8 million against an operating profit of $36.2 million. The company concluded the fourth quarter with a higher net loss of $75.3 milli...

Magna International delivered a mixed financial performance in the fourth quarter and the full year ended Dec. 31, 2025. Sales increased by 2% year over year in the fourth quarter to $10.8 billion, despite a 1% decline in global light vehicle production. The Canadian supplier attributed revenue growth to increased production from ongoing programs and the launch of new ones, as well as net customer recoveries, which largely offset higher tariff costs. The fourth quarter adjusted EBIT rose 18% ...

Cooper-Standard reported financial results for the fourth quarter and full year ended Dec. 31, 2025. In the fourth quarter, the company’s sales increased 1.8% year over year to $672.4 million, but operating income dropped 98.1% year over year to $0.6 million. Net income also decreased by 91.7% year over year to $3.3 million. Adjusted EBITDA was $34.9 million, or 5.2% of sales, while net cash from operating activities was $56.2 million and free cash flow was $44.6 million. The year-over...

GlobalFoundries has reported fiscal year 2025 revenue at $6.80 billion, up 1% year over year, for the fiscal year ended Dec. 31, 2025. The company reported net income of $888 million for the year. The Non-IFRS adjusted EBITDA for the year was $2.36 billion. Net cash provided by operating activities for the year totaled $1.73 billion. In the fourth quarter of 2025, the company reported revenue of $1.83 billion, with a gross margin of 27.8%. GlobalFoundries recorded a net income ...

Michelin’s sales declined by 4.4% year over year to €26 billion in the financial year ended Dec. 31, 2025. At constant exchange rates, sales dropped 1.4%. Lower sales impacted the French tiremaker’s segment operating income, which fell 19.5% year over year to €2.7 billion, resulting in a segment operating margin of 10.5% compared to 12.4% in 2024. The company reported net income of €1.7 billion, down 11.9% year over year. Michelin experienced challenges in sales and segment operatin...

Panasonic Holdings reported a 3.5% year-over-year decline in third-quarter operating profit for its Energy unit, which produces batteries for Tesla, primarily due to a weaker performance in the North American market. The company also revised its full-year profit outlook downward and reported a loss for the quarter. The Energy segment achieved a third-quarter operating income of ¥40.5 billion (approximately $259.2 million), influenced by a cooling electric vehicle market in North America, whi...

Goodyear Tire & Rubber has announced its financial results for the fourth quarter and full year 2025, revealing strong performance in the last quarter despite challenging industry conditions. The company achieved the highest fourth-quarter segment operating income and margin in over seven years, with net sales reaching $4.9 billion and tire unit volumes at 42.3 million. Adjusting for sales impact from divested businesses, organic net sales saw a 4% increase. Net income for the quarter was $1...

Qualcomm Inc. reported its first quarter fiscal year 2026 revenue of $12.25 billion, representing a 5% year-over-year increase from $11.67 billion in the first quarter of fiscal year 2025. The company’s QCT Automotive segment delivered record quarterly revenue of $1.1 billion, marking a 15% year-over-year growth. Qualcomm also reported net income of $3 billion for the quarter. The company expects its second-quarter fiscal year 2026 revenue to range from $10.2 billion to $11.0 billion...

Hankook Tire & Technology, a company of South Korea-based Hankook & Company Group, reported sales of 21.2 trillion won (nearly $14.7 billion) in the financial year ended Dec. 31, 2025, more than double the 9.4 trillion won realized in 2024. The company recorded higher sales as it consolidated Hanon Systems' financial results from the first quarter of 2025. Hankook acquired the South Korea-based automotive thermal solutions supplier in 2024. Despite robust growth in sales, operating profi...

Adient’s net sales increased 4.3% year over year to $3.6 billion in the first quarter of the fiscal year 2025/26, ended Dec. 31, 2025. Despite higher sales, the US-based seating supplier recorded a 12.8% year-over-year decline in income before income taxes to $41 million. The company also reported a net loss of $22 million after hitting break-even in the first quarter of the previous fiscal year 2024/25. Sales improved in all three key markets of the Americas; Europe, the Middle East and Af...

On Feb. 4, Lear Corp. reported financial results for the fourth quarter and full year ended Dec. 31, 2025. In the fourth quarter, the US-based supplier of seats and electrical systems (E-Systems) recorded a 5% year-over-year increase in net sales to $6 billion. Higher sales were supported by new business across both segments — Seating and E-Systems — and commercial recoveries, but were partly offset by lower production on key platforms. The company recorded core operating earnings of $259 mi...

Toyota Boshoku’s revenue increased 4.1% year over year to ¥1.5 trillion (nearly $1.8 billion) in the first nine months of fiscal year 2025/26, ended Dec. 31, 2025. Higher revenue helped the Japan-based automotive supplier of seats, interior parts and exterior systems record 15.8% year-over-year growth in operating income to ¥60.2 billion and 18.4% year-over-year growth in profit before taxes to ¥65.4 billion. Toyota Boshoku concluded the nine-month period with a 1.2% year-over-year increase...

NXP Semiconductors reported its fiscal year 2025 revenue at $12.27 billion, marking a 3% year-over-year decline from $12.67 billion in the previous year. The company posted net income of $3.0 billion for the year. In the fourth quarter, NXP recorded a 7% year-over-year increase in revenue, totaling $3.34 billion.  Automotive remained the core growth pillar, generating $7.1 billion in revenue in 2025, and NXP targets expanding its automotive business to $9.5 billion by 2027, underscoring ...

DENSO has announced financial results for the nine-month period ending Dec. 31, 2025, reporting a 3.9% year-over-year increase in consolidated revenue to ¥5.5 trillion (about $35.2 billion). Despite higher revenue, the Japan-based company recorded a 6.4% year-over-year decline in consolidated operating profit to ¥375.9 billion and a 12.5% year-over-year drop in consolidated profit attributable to owners of the parent company to ¥273.7 billion. In Japan, DENSO’s r...

Grammer has released preliminary figures for its financial performance in 2025, reporting consolidated revenue of €1.82 billion, down 4.2% from €1.9 billion recorded a year earlier. Despite lower revenue, the Germany-based supplier of automotive interiors and seats reported operating earnings before interest and tax of €75.1 million, which represents a significant improvement compared to €41.6 million recorded a year earlier. The results for 2...

Samsung SDI has reported its fourth-quarter and full-year financial results for 2025. In the final quarter of 2025, the company achieved revenue of 3.86 trillion won (approximately $2.6 billion) with an operating loss of 299.2 billion won. This revenue marks a 26.4% increase quarter over quarter and a 2.8% increase year over year. The operating loss was halved from the previous quarter, indicating a gradual improvement in business performance. The annual financial summary for 2025 showed reve...

In 2025, Bosch’s sales improved marginally to €91 billion in what the company termed “an incredibly challenging financial year.” Adjusted for exchange rates, revenue grew by 4.2%. The company reported earnings before interest and taxes of €1.7 billion, resulting in an EBIT margin of about 2%, down from 3.5% achieved in 2024. Adjusted for exchange rates, the company’s revenue grew by 4.2%. Sales decreased in Europe by 0.6% year over year to €44.2 billion. However, the company rec...

Autoliv’s net sales increased 4.1% year over year to $10.8 billion in the financial year ended Dec. 31, 2025. Higher sales helped the Sweden-based automotive safety systems supplier record an 11% year-over-year growth in operating income to $1.1 billion, while income before income tax increased 13% year over year to $986 million. Autoliv concluded the financial year with net income of $736 million, up by 14% over the $648 million achieved in 2024. The company reported adjusted operating inc...

Gentex has reported its financial results for the fourth quarter and full year ending Dec. 31, 2025. In the fourth quarter, the US-based company achieved consolidated net sales of $644.4 million, up 19% year over year from $541.6 million during the same period in 2024. Voxx, which Gentex acquired in 2025, contributed $103.4 million to this revenue, with core Gentex revenue flat at $541 million. Despite a 2% year-over-year decline in global light vehicle production in North America, Europe and...

Automotive lighting suppliers reported moderate growth in lighting system supply in 2025, driven by the recovery in light vehicle production. According to data compiled by S&P Global Mobility’s analysts, the supply of headlights and taillights each improved by 2.5% year over year to 183 million units as global light vehicle production increased 3.1% year over year to 92.2 million vehicles. Moreover, lighting suppliers also recorded 6.2% year-over-year growth in the supply of ambient light ...

Hyundai Mobis has reported strong growth in revenue and profit in the financial year ended Dec. 31, 2025. The leading automotive supplier from South Korea recorded a 6.8% year-over-year increase in revenue to 61.1 trillion won (nearly $42.4 billion), driving a 9.2% year-over-year increase in operating profit to 3.3 trillion won. Apart from higher revenue, Hyundai Mobis benefited from companywide cost control, which helped it to offset the impact of US tariffs. However, the company concluded the ...

LG Energy Solution reported its 2025 financial results, disclosing 23.7 trillion won (approximately $16.4 billion) in consolidated revenue and 1.3 trillion won in operating profit. This marked a 133.9% increase in operating profit from the previous year despite a 7.6% decline in revenue. The company attributed this increased profitability to an enhanced product mix, improved material cost efficiency and a production incentive supported by stable North American sales performance. LG Energy Sol...

Dana Inc. announced its preliminary financial results for 2025, reporting sales of approximately $7.5 billion and adjusted EBITDA of about $600 million, equivalent to 8% of sales. The US-based automotive supplier recorded adjusted free cash flow of nearly $315 million. During the financial year, Dana completed the sale of its Off-Highway business for $2.7 billion and achieved cost savings of approximately $250 million. The company returned&nbs...

ZF Friedrichshafen has released its preliminary financial results for 2025, showing better-than-expected operating performance and cash flow. The Germany-based automotive supplier expects its adjusted free cash flow to exceed €1 billion and its adjusted earnings before interest and tax margin to exceed 4%. This is higher than ZF’s previous guidance of achieving an EBIT margin between 3% and 4% and adjusted free cash flow above €500 million. The company expects full-year revenue of mor...

Automotive component suppliers demonstrated resilience during the first nine months of 2025 (January–September), navigating a period of moderating top-line growth while effectively enhancing profitability, compared to the strong performance in the corresponding period of 2024. While overall revenue growth decelerated from the double-digit pace observed earlier, the industry managed to expand its collective operating margins, reflecting a strong focus on operational efficiencies and cost manage...

ChargePoint Holdings Inc., a company specializing in electric vehicle charging solutions, announced its financial results for the third quarter of fiscal year 2026, which ended on Oct. 31, 2025. The company reported a revenue increase of 6% year over year, reaching $105.7 million, surpassing its guidance range. Net loss for the quarter narrowed to $52.5 million in the third quarter of 2025, compared to $77.6 million in the third quarter of 2024, a 32% decrease. Subscription revenue ...

ZF Group’s sales declined 8.1% to €28.9 billion in the first nine months of 2025. About 6% of the sales decline was attributed to M&A effects, notably the closure of the ZF Chassis Modules joint venture with Foxconn in April 2024. After adjusting for currency and M&A effects, organic revenue decreased by 0.6% year over year. Performance was affected by tariffs, geopolitical risks and a decline in volume across several segments.  Sales in Europe improved marginally by 1% year ...

Aumovio reported a positive business performance in the first nine months of the current financial year ended Sept. 30, 2025, marking a solid beginning as an independent company. While sales declined 4.6% year over year to €14 billion, the Germany-based supplier recorded strong growth in adjusted earnings before interest and tax to €409 million, more than double compared to €166 million in the first nine months of 2024. The adjusted EBIT margin increased to 2.9%, driven by a higher gr...

Valeo has placed a strong focus on India as a central part of its growth strategy, aiming to triple its revenue in the country to approximately €700 million by 2028 under the Elevate 2028 road map. This plan, revealed last week at Valeo's Capital Markets Day in Paris, represents a shift from a technology-centric turnaround to a financially disciplined strategy emphasizing growth. While the global strategy aims to improve margins, cash flow and sales growth starting from 202...

On Nov. 20, Valeo presented its new strategic plan, Elevate 2028, at its Capital Markets Day event in Paris. The plan builds on the success of the French supplier’s previous strategic plan, Move Up, and outlines its financial growth trajectory for the next three years. Under the new strategic plan, Valeo aims to steadily improve profits, generate higher cash and return to sales growth by 2027, leveraging its established technology leadership in the automotive sector. “Since 2022, our Move...

Cerence AI has reported strong results for the fourth quarter of 2025 and the fiscal year 2025, with revenue reaching $60.6 million and $251.8 million, respectively. These results surpassed its guidance expectations and exceeded the high end of the projected range. The net cash from operating activities for the fourth quarter was $12.8 million, with a free cash flow of $9.7 million. For fiscal year 2025, the net cash provided was $61.2 million, with a free cash flow of $46.8 million, marking nea...

Toyoda Gosei reported a 3.8% year-over-year increase in revenue to ¥535.6 billion (about $3.6 billion) in the first half of the financial year 2025/26, which ended on Sept. 30, 2025. Excluding the impact of foreign exchange, revenue increased 6% year over year. Higher revenue enabled the Japan-based company to record an operating profit of ¥32.9 billion, up 14% year over year, while net profit increased 52.3% to ¥27.7 billion. Revenue in Japan increased 6.4% year over year to ¥222.4 ...

Goodyear Tire & Rubber’s net loss increased sharply to $2.2 billion in the third quarter ended Sept. 30, 2025, compared to $37 million a year earlier. The higher net loss includes a $1.4 billion noncash deferred tax asset valuation allowance and a $674 million noncash goodwill impairment charge. Adjusted net income for the quarter stood at $82 million, down from $102 million in the previous year. The US-based tiremaker reported a 3.7% year-over-year decline in net sa...

Yokohama Rubber reported a 12% year-over-year increase in sales revenue to ¥877.2 billion (nearly $5.9 billion) in the first nine months of the current financial year ended Sept. 30, 2025. Higher sales revenue helped the Japan-based tiremaker record a 20.8% year-over-year increase in business profit to ¥100.7 billion and a 6.9% year-over-year growth in operating profit to ¥91.7 billion. The increase in consolidated business profit is largely due to robust performance in existing businesses...

Bridgestone’s net profit declined 19.5% year over year to ¥203.5 billion (nearly $1.4 billion) in the nine-month period of the current financial year ended on Sept. 30, 2025. The company also recorded a 22.6% year-over-year drop in operating profit to ¥291.7 billion. Bridgestone reported a sharp decline in earnings in the first nine months of 2025 as revenue fell by 1.1% year over year to ¥3.23 trillion. However, at ¥368.4 billion, adjusted operating profit increased by 4.3% compared with ...

OPmobility reported a 1% year-over-year decline in economic revenue to €2.7 billion in the third quarter ended Sept. 30, 2025. Revenue on a like-for-like basis, excluding foreign exchange impacts and scope of consolidation, increased 2.6% year over year. Consolidated revenue, which combines economic revenue and revenue from joint ventures, fell 3.8% year over year to €2.4 billion. During the third quarter, the French supplier experienced strong market momentum in North America and Asia, d...

EVgo Inc., a major provider of public fast-charging infrastructure for electric vehicles, reported its financial results for the third quarter of 2025. The company experienced a 37% year-over-year increase in total revenue, amounting to $92.3 million, with charging network revenue reaching a record $55.8 million, marking the 15th consecutive quarter of double-digit growth. EVgo's net loss for the quarter decreased to $28.3 million in the third quarter, which is 15% lower than $33.2 million re...

The board of directors of India-based automotive lighting supplier Lumax Industries has approved the establishment of a new manufacturing plant in Bengaluru, Karnataka, CNBC TV 18 reported Nov. 7. The company will invest 1.4 billion rupees (about $15.8 million) in the greenfield facility, which will be funded through internal accruals. The plant will produce lighting systems for Maruti Suzuki and Toyota Motors. It is expected to become operational by the fourth quarter of the fina...

Wallbox NV, a global provider of electric vehicle charging and energy management solutions, announced its financial results for the third quarter ended Sept. 30, 2025. The company reported revenue of €35.5 million, compared to €34.6 million in the third quarter of 2024, marking a 2.3% year-over-year increase. The net loss for the quarter stood at €20.8 million, as against €42.6 million in the third quarter of 2024. While Wallbox's adjusted EBITDA showed an improvement o...

Continental has achieved important milestones in its realignment plans during the past quarter, including the spin-off of Aumovio and the agreement to sell its Original Equipment Solutions (OESL) business area. The final stages of its realignment involve the sale of ContiTech next year and a strategic focus on its Tires business. Continental faced challenging market conditions in the third-quarter of 2025 due to economic uncertainties, but the Tires group sector performed well, particularly in N...

Valeo’s sales increased 0.6% year over year to €5 billion in the third quarter ended Sept. 30, 2025. Sales on a like-for-like basis, excluding currency impacts and scope of consolidation, increased by 3.5% over the third quarter of 2024. Original equipment (OE) sales, at €4.2 billion, were up by 3.7% on a like-for-like basis, driven by strong performance in the Power and Light divisions. In Europe, OE outperformed overall automotive production, while China's performance improv...

SES AI Corp. has released its financial results for the third quarter of 2025, reporting a revenue of $7.1 million, marking a $3.6 million increase from the previous quarter. The company has updated its revenue guidance for 2025, projecting between $20 million and $25 million. The company recorded a gross margin of 51% due to strong service performance and reported a generally accepted accounting principles net loss of $20.9 million, marking an improvement from the second quarter's loss ...

Adient reported a 3.5% year-over-year increase in net sales to $3.7 billion in the fourth quarter ended Sept. 30, 2025. Despite higher sales, the US-based automotive seating supplier recorded a 7.7% year-over-year decline in earnings before interest and tax to $120 million, while net income fell sharply by 77.2% year over year to $18 million. Adient generated adjusted EBITDA of $226 million, down 3.8% year over year, resulting in an adjusted EBITDA margin of 6.1%. The company reported op...

Aisin reported a 5.1% year-over-year increase in revenue to ¥2.5 trillion (about $16.6 billion) in the first half of the financial year 2025/26, ended Sept. 30, 2025, driven by increased sales volume of powertrain units despite unfavorable foreign exchange translations. Higher revenue drove the Japanese supplier’s earnings, with operating profit growing 70.9% year over year to ¥90.1 billion and net profit increasing sevenfold to ¥765.1 million. Aisin attributed higher earnings, despite the ...

Solid Power, Inc., a developer of solid-state battery technology, announced its third-quarter financial results for 2025. The company reported $4.6 million in revenue and grant income for the quarter, contributing to a total of $18.1 million in the year to date, which is higher than $15.6 million reported in the first nine months of 2024. Site acceptance testing under an installation agreement with SK On Co. Ltd. is the primary driver of third-quarter revenue. Operating expenses amounted to $...

Gestamp reported third-quarter financial results on Nov. 4, achieving improved profitability despite challenges in the automotive sector and adverse foreign exchange rates. The company generated €8.5 billion in revenue in the first nine months of the year, impacted by unfavorable foreign exchange rates, but maintained an EBITDA of €937 million with an 11% margin, excluding the Phoenix Plan, its three-year restructuring plan to enhance profitability in the United States-Mexico-Canada Agr...

Novelis anticipates the full reopening of its Oswego aluminum plant in New York, US, by December, following damage from a fire on Sept. 16. This update was shared by Novelis CEO Steven R. Fisher during an earnings call to discussing the company's second-quarter financial results. "We are fully committed to restoring the hot mill and minimizing disruptions," Fisher said. "Significant progress over the past month has allowed us to expedite our timeline, and we now expect the hot mill to be oper...

Magna International Inc. reported its financial results for the third quarter ended Sept. 30, with sales reaching $10.5 billion, a 2% increase from the same period in 2024, according to an Oct. 31 earnings release. The rise in sales was driven by new program launches, a favorable foreign exchange rate shift against the US dollar, and a 3% increase in global light vehicle production. However, these gains were partly offset by the conclusion of certain production programs, reduced vehicle assem...

Toyota Boshoku reported a 2.5% year-over-year increase in revenue to ¥972.3 billion (about $6.5 billion) in the first half of the current financial year ended Sept. 30, 2025. Higher revenue helped the Japanese supplier record a 9.5% year-over-year growth in operating profit to ¥37 billion. The company also achieved a 29% year-over-year increase in net profit, attributable to the owners of the parent, to ¥17.4 billion. Revenue in Japan increased by 2.3% year over year to ¥463.6 billion, dr...

DENSO Corp. reported a 3.3% year-over-year increase in consolidated net sales to ¥3.6 trillion (about $24.1 billion) in the first half of the current financial year ended Sept. 30, 2025. Despite higher sales, the company recorded a 15.8% year-over-year drop in operating profit to ¥211.4 billion, while net profit attributable to owners of the parent company fell 31.2% to ¥131.4 billion.  The leading Japanese supplier attributed increased revenue to higher vehicle sales in North Am...

Lear reported a 1.7% year-over-year increase in net sales to $5.7 billion in the third quarter ended Sept. 30, 2025. Despite higher sales, the US-based supplier recorded a 6.2% year-over-year decline in core operating earnings to $241 million, while net income fell 20.6% year over year to $108 million. Lear attributed lower earnings to production disruptions at JLR and lower volumes on some of its platforms. The company recorded operating cash flow of $444 million and fr...

Forvia Hella’s sales in the first nine months of 2025 remained stable at €5.9 billion. However, the company’s sales, on constant currency, improved slightly, by 0.4% year over year, to €6 billion. “In the first nine months of the year, our business continued to prove robust. Despite a persistently challenging industry environment, we were able to keep sales at the previous year’s level and are thus in line with our expectations,” said Bernard Schäferbarthold, CEO of Forvia Hella. ...

Forvia’s sales declined 3.7% year over year to €6.1 billion in the third quarter ended Sept. 30, 2025. Excluding tooling sales, product sales increased by 1% on an organic basis. The third-quarter sales included negative currency effects of €238 million, mainly resulting from the euro’s depreciation against the US dollar and Chinese yuan. Growth in product sales was led by strong performance by Electronics, Clean Mobility and Lifecycle business groups. Sales increased in the Elec...

Autoliv reported a 5.9% year-over-year increase in net sales to $2.7 billion for the third quarter ended Sept. 30, 2025. Sales increased organically by 3.9%, nearly 70 basis points lower than the 4.9% growth in light vehicle production during the quarter. Autoliv attributed the lower growth in organic sales to an unfavorable light vehicle production mix and higher tariffs. The Sweden-based safety systems supplier recorded higher sales in all regions in the third quarter of 2025 compared to th...

First Brands, the Ohio, US-based automotive-parts maker owned by Patrick James, has filed for Chapter 11 bankruptcy protection, weighed down by debt from years of acquisition-driven expansion and mounting financial strain. The filing, made in the Southern District of Texas, lists liabilities of more than $10 billion against assets of $1 billion-$10 billion. The company has secured $1.1 billion in debtor-in-possession financing from first-lien lenders to maintain operations, stressing that the...

Automotive interior trims supplier Antolin reported an improvement in profitability during the first half of the year despite challenges such as new US tariffs impacting sales in North America and Europe. The company's EBITDA margin increased slightly to 8.6% from 8.4% in the previous year, with a run rate rising to 9.5% from 9.2%, reflecting the impact of its 2023 Transformation Plan. However, net revenue decreased by 9.7% to €1.9 billion due to divestments, currency weaknesses and market vol...

Swvl Holdings Corp, a global provider of tech-enabled mass transit solutions, announced that its operations in Egypt have surpassed their previous peak revenue levels from 2022 in Egyptian-pound terms as of August 2025. The company anticipates achieving parity in US dollar terms soon. This milestone comes less than two years after a significant restructuring period, highlighting a notable turnaround with an improved bottom line.  Over the past two years, Swvl implemented a focused strate...

ChargePoint reported its financial results for the second quarter of fiscal year 2026, ended July 31, 2025. The company's revenue reached $99 million, at the high end of the guidance range, despite a 9% decrease compared to the prior year's same quarter. In the second quarter, the generally accepted accounting principles net loss was $66.2 million, improving by 4% from $68.9 million in the same quarter last year. The non-GAAP pretax net loss decreased by 26% to $31.9 million from $43.0 m...

Hankook Tire’s sales more than doubled to 5.4 trillion Korean won ($3.9 billion) in the second quarter ended June 30, 2025, the company said in a press release. Despite robust growth in sales, the company recorded a 15.8% year-over-year decline in operating profit to 353.6 billion won. The South Korean tiremaker started incorporating the financial performance of Hanon System, a specialist in automotive thermal systems, from the first quarter of 2025. Starting from this quarter, the company ...

Kongsberg Automotive (KA) released its financial results for the second quarter ended June 30, 2025, reporting an 8.1% year-over-year decline in revenue to €192.4 million. Revenue during the second quarter was impacted by a weaker global automotive environment and negative foreign exchange translations. The company recorded an earnings before interest and tax loss of €2.9 million against EBIT income of €6.4 million in the second quarter of 2024, mainly due to increased warra...

Alibaba-backed Banma Network Technology is planning an IPO in Hong Kong. Alibaba holds a 44.72% stake in Banma and expects to retain over 30% post-listing. Deutsche Bank and CICC will act as joint sponsors, and the deal requires approval from the China Securities Regulatory Commission. Founded in 2015, Banma specializes in intelligent automobile operating systems and generated a revenue of $114.8 million in 2024. SAIC Investment Management is also a major shareholder. Banma intends to use the...

Schaeffler reported a 4.6% year-over-year decline in revenue, bringing it down to €11.8 billion for the first half ended June 30, 2025, compared to the prior year's level on a pro-forma basis, the Germany-based automotive supplier said in a press release. At a constant exchange rate, revenue declined 2.6% year over year. While revenue decreased in Europe and Greater China by 5.2% and 6.1%, respectively, Schaeffler reported marginal growth in revenue in the Americas region by 0.9% and in the As...

China CITIC Bank Guangzhou Branch has agreed to provide electric vehicle manufacturer Xpeng with a substantial credit facility totaling 10 billion yuan (approximately $1.4 billion). This financial support is intended to bolster Xpeng's operations and fuel its business growth. The announcement follows a strategic cooperation agreement signed by Brain Gu, vice chairman and co-president of Xpeng, and Xue Fengqing, president of China CITIC Bank Guangzhou Branch. Xpeng emphasized the importance ...

According to a press release on Aug. 19, Keysight Technologies reported its third-quarter 2025 revenue of $1.35 billion, an increase of 10.65% compared to $1.22 billion during the same period in 2024. The company's generally accepted accounting principles net income was reported at $191 million, experiencing a decline from $389 million in the third quarter of 2024. However, non-GAAP net income increased to $297 million from $275 million the previous year. The company's financial performance w...

Amprius has demonstrated a significant business transformation in its second-quarter 2025 financial report, showcasing rapid growth and improved efficiency. The company reported a record-setting revenue of $15.1 million for the quarter, marking a 350% increase from the same period the previous year, indicating a strong demand for its products. Furthermore, revenue for the first half of 2025 reached $26.4 million, surpassing the total revenue of fiscal year 2024. Notably, Amprius achieved a posit...

Thyssenkrupp reported solid business performance in the third quarter of its 2024/2025 fiscal year despite ongoing market challenges. The company experienced a 21% increase in order intake to €10.1 billion, driven primarily by Marine Systems. However, group sales fell to €8.2 billion from the previous year's €9.0 billion due to price and demand factors. Demand in the Automotive Technology, Materials Services and Steel Europe segments was subdued, contributing to a decline in group sal...

Via Transportation has filed for an IPO to sell its stock on the NYSE, joining a select group of government technology suppliers that have gone public, such as Tyler Technologies, Motorola and Axon. Although the filing did not specify the price range or number of shares, it highlights Via's growth, boasting a 50% compound annual growth rate in revenue since 2021. Founded 13 years ago in New York, US, Via's revenue for the year ended Dec. 31, 2024, was $337.6 million, a 35.6% increase from t...

Nexteer Automotive reported a 6.8% year-over-year increase in total revenue to $2.2 billion in the first half ended June 30, 2025, according to a press release issued Aug. 13. The US-based supplier of steering systems and driveline components attributed this revenue growth to continued expansion in the Asia-Pacific region and increased business with Chinese original equipment manufacturers (COEMs). The higher revenue enabled Nexteer to achieve a 16.8% year-over-year growth in E...

Yokohama Rubber has reported its business and financial results for the first half ended June 30, 2025. Sales revenue rose by 10.3% compared to the same period in the previous year, reaching ¥579.2 billion (about $4 billion), while business profit increased by 13.8% to ¥62.1 billion, marking record highs for the first half results. However, operating profit decreased by 2.5% to ¥54.9 billion, and profit attributable to owners of the parent fell by 23.7% to ¥35.5 billion. The rise in busin...

Toyoda Gosei reported a 13.8% year-over-year increase in net profit to ¥13.5 billion (about $93.1 million) in the first quarter of the current fiscal year 2025/26 ended June 30, 2025, the company said in a press release. The Japanese supplier recorded higher net profit despite witnessing a 1.5% year-over-year decline in revenue to ¥260.4 billion. Toyoda Gosei also recorded 6.7% year-over-year growth in operating profit to ¥18.4 billion. Revenue increased in Japan by 4.1% year over year to ...

Valens Semiconductor CEO Gideon Y. Ben-Zvi revealed that the company exceeded its second-quarter revenue guidance, achieving $17.1 million, marking the fifth consecutive quarter of growth. The company reported a generally accepted accounting principles gross margin of 63.5% and an adjusted EBITDA loss of $4.0 million. However, due to global tariffs, some customers have reduced their forecasts for the second half, leading to a revised 2025 revenue guidance of $66 million to $71 million. The compa...

AEye CEO Matthew Fisch announced several new achievements for the company, marking a significant turning point. These include its certification as an NVIDIA DRIVE AGX partner and selection for the General Motors-backed WinTOR project. A major global transportation original equipment manufacturer's selection of Apollo for an important autonomous safety program could bring a $30 million opportunity, expected to contribute to this year's revenue. Additionally, AEye launched the OPTIS platform, whic...

Bridgestone reported a 42% year-over-year decline in net profit to ¥115.5 billion (about $798.7 million) in the first half of the current fiscal year ended June 30, 2025, according to a press release by the Japanese tiremaker. The company's revenue fell by 2.8% year over year to ¥2.1 trillion. Lower revenue also impacted Bridgestone’s operating profit, which dropped by 41.3% year over year to ¥164.5 billion. However, the company recorded a 2.4% year-over-year growth in its adjusted operatin...

Goodyear Tire & Rubber’s net profit more than tripled to $254 million in the second quarter ended June 30, 2025, despite a 2.3% year-over-year decline in net sales to $4.5 billion. The US-based tiremaker also recorded income before income taxes of $305 million, more than double compared to $133 million achieved during the same period in 2024. The second quarter was characterized by gains from the sale of the Dunlop brand, rationalization charges and costs associated with the Goodyear Fo...

Continental demonstrated resilience in the second quarter of 2025, with notable improvements in the Automotive group sector's earnings compared to the previous year and the start of 2025. Despite challenges from tariffs and exchange rates, the Tires group sector maintained a strong double-digit adjusted EBIT margin, while ContiTech increased its adjusted EBIT margin compared to the first-quarter. The company intends to further enhance the Tires and ContiTech sectors in the latter half of the yea...

Solid Power Inc., a developer of solid-state battery technology, released its second-quarter 2025 operational and financial results. Solid Power recorded revenue and grant income of $7.5 million for the quarter, up from $6 million in the first quarter, mainly due to the completion of factory acceptance testing under an agreement with SK On Co. Ltd. Operating expenses rose to $33.4 million from $30.0 million in the prior quarter, leading to a year-to-date net loss of $40.5 million. The co...

Samsung SDI reported its financial results for the second quarter ending June 30, 2025, noting steady revenue of 3.18 trillion won (about $2.13 billion) and a net loss of 167 billion won. Revenue saw a slight increase of 0.1% compared to the previous quarter, but a 22.2% drop year over year. The net loss narrowed by 22.6% compared to last quarter. The battery business, despite a 0.7% quarterly and 23.5% yearly revenue decline to 2.96 trillion won, improved its operating loss by 4.8% from the ...

BYD announced a reduction in fuel consumption for its fifth-generation Dual Mode (DM) hybrid technology to 2.6 liters per 100 kilometers when the battery is depleted. This represents a 10% improvement from the previous rate of 2.9 liters. The enhancement in DM 5.0 technology occurs as BYD faces declining sales in its hybrid models over consecutive months. The improved fuel efficiency is validated by the National Motor Vehicle Quality Inspection and Testing Center in Guangdong, utilizing the new ...

Seating supplier Adient reported a net income of $36 million for the third quarter ended June 30, 2025, contrasting with a net loss of $11 million during the same period the previous year. The US-based company also achieved a 25.5% year-over-year growth in earnings before interest and income taxes, totaling $118 million. Adient's third-quarter earnings showed significant improvement as net sales rose slightly by 0.6% year over year to $3.74 billion. Adjusted EBITDA increased by 12% year ove...

SES AI Corp. reported its financial results for the second quarter of 2025, with revenue totaling $3.5 million, contributing to a first-half total of $9.3 million. The company maintained a gross margin of 74% and experienced a significant reduction in cash used for operations, which decreased by 51% compared to the same period in 2024 and by 53% from the first quarter of 2025. By the end of the quarter, SES AI held a liquidity position of $229 million without any debt and affirmed its annual ...

GlobalFoundries (GF) has reported second-quarter 2025 revenue increases by 3% to $1.688 billion, compared to $1.632 billion at the same time last year. The company reported a gross margin of 24.2%. The operating margin stood at 11.6%. GF's net income amounted to $228 million. The adjusted EBITDA was reported at $585 million. The company held $3.9 billion in cash, cash equivalents and marketable securities, with net cash from operating activities at $431 million. In recent business development...

Seoul Robotics, a company focusing on autonomous driving software, has initiated the process to be listed on the Korean Securities Dealers Automated Quotations (KOSDAQ) market. The Korea Exchange's KOSDAQ market division reported that Seoul Robotics filed an application for a preliminary listing review on Aug. 4. The listing process is being led by Samsung Securities as the main underwriter. Founded in 2017 by CEO Lee Han-bin, who has a background in mechanical engineering from Pennsylvania S...

Koito Manufacturing reported a 38.7% year-over-year increase in net profit to ¥10.1 billion (about $70 million) for the first quarter ended June 30, 2025, as stated in a press release on July 29. The Japan-based automotive lighting systems supplier also recorded a 31.6% year-over-year rise in operating income to ¥11.9 billion. Koito achieved higher earnings in the first quarter despite experiencing a 4.4% year-over-year drop in net sales to ¥219.7 billion. The...

WeRide announced its unaudited financial results for Q2 2025, highlighting a significant 60.8% year-over-year (YOY) increase in total revenue to 127.2 million Chinese yuan ($17.8 million). Robotaxi revenue surged by 836.7% to 45.9 million yuan, marking the highest quarterly robo-taxi revenue since the company's inception. Gross profit rose by 40.6% to 35.7 million yuan ($6.4 million) with a margin of 28.1%. WeRide has made notable advancements, including the launch of the high-performance Com...

Onsemi reported second-quarter 2025 revenue of $1,468.7 million compared to $1.74 billion in 2024, down 15% year over year, according to a press release dated Aug. 4. The gross margins were reported as 37.6% for both generally accepted accounting principles (GAAP) and non-GAAP. The operating margins stood at 13.2% for GAAP and 17.3% for non-GAAP. Onsemi disclosed its earnings per share, noting GAAP diluted earnings per share of $0.41 and non-GAAP diluted earnings per share of $0.53. Additio...

Wallbox NV has reported its financial results for the second quarter of 2025, ending June 30, 2025. During this period, the company generated revenue of €38.3 million, which is a fall of 21.6% year over year. The gross margin for the quarter was 37.8%, and the adjusted EBITDA improved by 33% year over year, amounting to a loss of €7.5 million. North American AC charger sales saw a 21% growth quarter over quarter, and 140 Supernova DC units were sold, marking a 33% increase from the p...

Mainland Chinese electric vehicle battery-maker CATL experienced an increase in net profit growth in the second quarter, despite challenges from a competitive EV market in mainland China. The company reported a 34% (32.9% in the first quarter) rise in net profit, reaching 16.5 billion yuan (about $2.3 billion), and an 8.3% (6.2% in the first quarter) increase in revenue to 94.2 billion yuan. For the first half of 2025, CATL's profit grew by 33%, with revenue up by 7.3%. The mainland Chinese a...

Magna, a leading auto parts supplier and contract vehicle manufacturer from Canada, reported a 3% year-over-year decline in net sales amounting to $10.6 billion in the second quarter ended June 30, 2025, according to a press release dated Aug. 1. The company attributed this decline to reduced light vehicle production in its key markets of North America and Europe, along with lower complete vehicle production volumes due to the end of production for Jaguar I-Pace and E-Pace models. Despite the...

Toyota Boshoku, a Japan-based automotive supplier, reported a 24.7% year-over-year growth in net income, reaching ¥10.8 billion (about $74.7 million) in the first quarter ended June 30, 2025, according to a press release dated July 31. Operating income also rose by 12% year over year to ¥18.7 billion. Despite a 1.7% year-over-year decline in revenue to ¥479.7 billion, the company experienced strong earnings growth. The decline in revenue was attributed to the impact of foreign exchange rat...

Hyundai Mobis reported an 8.7% year-over-year increase in sales to 15.9 trillion won (about $11.7 billion) in the second quarter ended June 30, 2025, according to a press release on July 25. Higher sales helped the leading South Korean supplier record a 36.8% year-over-year growth in operating profit to 870 billion won, resulting in an operating profit margin of 5.5% compared to 4.3% during the same period in 2024. However, the company reported a 6.3% year-over...

DENSO has reported a 16.1% year-over-year decline in net profit to ¥79.3 billion ($548.2 million) in the first quarter ended June 30, 2025, as revenue remained stable at ¥1.75 trillion, the company said in a press release on July 31. Operating profit also declined 11.1% year over year to ¥107.2 billion, while profit before income taxes improved marginally by 1% year over year to ¥140.2 billion. “Revenue in the first quarter remained consistent with the previous year, driven by a st...

Forvia reported a 0.4% year-over-year decline in sales to €13.5 billion in the first half of the financial year ended June 30, 2025, the French supplier said in a press release on July 28. The company recorded a 1.1% year-over-year growth in organic sales, at constant scope and currencies, as global light vehicle production increased 3.1% year over year to 44.9 million, according to S&P Global Mobility.  Despite the drop in sales, Forvia recorded a 3.1% year-over-year growth i...

Gestamp’s revenue declined 9.2% year over year to €5.8 billion in the first half ended June 30, 2025, the company said in a press release on July 28. Despite the sharp decline in revenue, the company’s EBITDA fell by just €1 million to €641 million. The Spain-based supplier concluded the first half with net income of €75 million, down 29% from €106 million recorded in the first half of 2024. Gestamp generated a positive cash flow of €182 million in the second quarter, clo...

Lear Corp. has reported a 4.5% year-over-year decline in net income to $165.2 million in the second quarter ended June 30, 2025, as net sales remained unchanged at $6 billion, recorded during the same period in 2024. Excluding the impact of commodities, foreign exchange, tariff recoveries, and acquisitions and divestitures, sales were down 1%, reflecting lower production on key platforms, which was partially offset by new business wins in both the Seating and E-Systems business. The company also...

NXP Semiconductors has reported its second-quarter 2025 revenue at $2.93 billion, down 6% year over year, for the year ended on June 29, 2025. The company achieved a quarterly revenue that surpassed the midpoint of its guidance, with all major end-markets performing better than expected. NXP's guidance for the third quarter suggests a cyclical improvement in its core end markets, driven by specific growth initiatives. CEO Kurt Sievers highlighted the company's focus on profitability, enhanced co...

During the second quarter ended June 30, 2025, LG Energy Solution reported a consolidated revenue of 5.6 trillion won (about $4.1 billion) and an operating profit of 492.2 billion won. Despite an 11.2% decrease in revenue from the previous quarter, the company achieved a 31.4% increase in operating profit, primarily due to product mix improvements and enhanced cost efficiency. The operating profit margin stood at 8.8%, which includes an estimated North American production incentive of 49...

Gridserve, an electric vehicle charging network based in Swindon, UK, has reported a pretax loss of £82.7 million for 2024, an increase from the £54.8 million loss in 2023. The company's workforce was reduced from 320 to 239 employees over the past year. Despite these losses, Gridserve's revenue grew from £29.1 million in 2023 to £46.2 million in 2024. Recently, Gridserve secured £100 million in new equity investment from existing shareholders, including TPG, Infracapital and Mitsubis...

Via Transportation, a New York-based company specializing in transportation management software, has made a confidential filing with the SEC, indicating a potential move toward an IPO. The details of this prospective IPO remain private for now. If Via proceeds with the IPO, it would join the limited number of public companies in the government technology sector, which includes firms such as Tyler Technologies, Motorola Solutions, Axon and ServiceNow. Jeff Cook, a managing director at She...