David Sachs

Rolls-Royce raised its full-year guidance and said it would reinstate dividends after its earnings jumped in the first half, lifting the stock to a record high.

Daimler Truck lowered its earnings forecast for the year, citing a hit from its Chinese joint venture, but posted second-quarter sales that beat expectations.

Tesla is set to pay lower tariffs on electric vehicles exported from China to the European Union after the bloc revised penalties for carmakers amid an investigation into allegedly unfair subsidies from Beijing.

IPhone users in the European Union will be allowed to delete native apps, including the App Store and Safari.

BMW recalled more than 140,000 of its electric Mini Coopers worldwide, citing the potential for battery fires, though no accidents or injuries have been reported.

Carmaker Volvo cut its earnings expectations for 2025, citing complex market conditions and uncertainty around worldwide trade wars.

BMW said it would release hydrogen-powered versions of one of its existing model lines in 2028 as part of its strategy—which Toyota shares—to broaden its reach with various fuel types.

BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the world’s largest car market would dilute its bottom line.

Rexel shares jumped after it rejected an offer from QXO, the U.S. company led by billionaire entrepreneur Brad Jacobs, saying the bid was well below its value.

Stellantis and Volkswagen suffered significant falls in new-car registrations in August, contributing to a sharp overall decline in the European Union, as demand weakened in key markets and electric-vehicle sales fell.