Latest news with #Automotive
Yahoo
6 hours ago
- Automotive
- Yahoo
NXP Semiconductors Q2 Earnings Beat Estimates, Revenues Fall Y/Y
NXP Semiconductors NXPI reported second-quarter 2025 non-GAAP earnings of $2.72 per share, beating the Zacks Consensus Estimate by 2.26%. The figure declined 15% year over Semiconductors' top line of $2.93 billion beat the Zacks Consensus Estimate of $2.90 billion by 0.9% and came above the midpoint of management's guidance. The figure declined 6% year over stock declined 5.94% in the after-market trading hours on Monday. NXP Semiconductors N.V. Price, Consensus and EPS Surprise NXP Semiconductors N.V. price-consensus-eps-surprise-chart | NXP Semiconductors N.V. Quote NXPI's Q2 2025 Details Revenues from Automotive (59.1% of total revenues) in the second quarter were $1.73 billion, up 0.1% year over year and 3% sequentially. Our model estimate for Automotive revenues was pegged at $1.6 billion, which indicated a 7.2% year-over-year revenues from Mobile (11.3% of total revenues) were $331 million, down 4% year over year and 2% from the previous quarter. Our model estimate for Mobile revenues was pegged at $325.5 million, which indicated a 5.7% year-over-year from Communication Infrastructure & Others (10.9% of total revenues) were $320 million, representing a 27% decline from the year-ago quarter and a 2% increase sequentially. Our model estimate for Communication Infrastructure & Others revenues was pegged at $397.2 million, which indicated a 9.3% year-over-year from Industrial & IoT (18.7% of total revenues) were $546 million, down 11% from the year-ago quarter and up 7% sequentially. Our model estimate for Industrial & IoT revenues was pegged at $571.8 million, which indicated a 7.2% year-over-year non-GAAP gross profit in the second quarter was $1.66 billion, down 10% year over year and up 4% sequentially. The non-GAAP gross margin contracted 210 basis points year over year to 56.5%.Non-GAAP operating income declined 13% year over year to $935 million, with the operating margin shrinking 230 basis points to 32% from the year-ago quarter. NXPI's Balance Sheet & Cash Flow As of June 29, 2025, NXPI's cash and cash equivalents were $3.170 billion, down from $3.988 billion as of March 30, debt at the end of the second quarter was $9.479 billion, down from $10.226 billion in the prior flow from operations was $779 million, up from $565 million in the previous quarter. Capital expenditures amounted to $83 million, leading to a non-GAAP free cash flow of $696 the quarter, NXPI paid dividends of $257 million and repurchased shares worth $204 million. NXPI's Q3 Guidance For the third quarter of 2025, NXPI expects revenues in the range of $3.05-$3.25 billion. The Zacks Consensus Estimate for the same is pegged at $3.07 billion, indicating a year-over-year decline of 5.51%.NXPI expects non-GAAP earnings per share in the band of $2.89-$3.30. The Zacks Consensus Estimate for the same is pegged at $3.02, indicating a year-over-year decline of 12.46%. Zacks Rank and Stocks to Consider Currently, NXPI carries a Zacks Rank #3 (Hold).ACI Worldwide ACIW, Adobe ADBE and Applied Materials AMAT are some better-ranked stocks that investors can consider in the broader Zacks Computer & Technology sector. ACIW, ADBE and AMAT carry a Zacks Rank #2 (Buy) each at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks shares have lost 13.3% year to date. The Zacks Consensus Estimate for ACIW's full-year 2025 earnings is pegged at $2.84 per share, up by a penny over the past seven days, implying growth of 7.58% from the year-ago quarter's reported shares have lost 17.2% year to date. The Zacks Consensus Estimate for ADBE's full-year fiscal 2025 earnings has been revised upward to $20.63 per share in the past 30 days, indicating year-over-year growth of 12%.AMAT shares have gained 18.4% year to date. The Zacks Consensus Estimate for AMAT's full-year 2025 earnings is pegged at $9.47 per share, up by a penny over the past 60 days, implying a rise of 9.48% from the year-ago quarter's reported figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adobe Inc. (ADBE) : Free Stock Analysis Report Applied Materials, Inc. (AMAT) : Free Stock Analysis Report NXP Semiconductors N.V. (NXPI) : Free Stock Analysis Report ACI Worldwide, Inc. (ACIW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
7 hours ago
- Automotive
- Business Standard
Ola Electric, TVS charge up plans to beat rare-earth magnet crunch
Ferrite magnets are now globally considered a viable and cost-effective option due to their easy availability instead of rare-earth materials like neodymium, making it an affordable option Surajeet Das Gupta New Delhi Listen to This Article Ola Electric is planning to launch in the third quarter (September-December) some of its electric vehicles powered with ferrite motors as an alternative to those that go with heavy rare-earth magnets, whose supply the Chinese government has choked. Government sources Ola is in discussion with have said the company has been working for over two years on developing the technology and design for ferrite motors, where the magnet is made of iron (with some other metals added). The prototype has been internally validated and is being tested on some of its vehicles. The company has to go to the Automotive
Forbes
11 hours ago
- Automotive
- Forbes
How AI Is Driving Innovation In The Automotive Industry
Rajnish Nath, President of Manufacturing, Automotive, Aerospace & Defense and Life Sciences at Capgemini Americas. For years, pop culture and various media have envisioned our cars of the future. From the DeLorean of the "Back to the Future" franchise to The Jetsons' aerocar, these portrayals have offered a window into how revolutionary automotive technology could reshape the way we travel, live and interact with vehicles in the future. Today, flying cars are being designed by a variety of start-ups, helping to push the boundaries of mobility. Each day, we move closer to fully autonomous, incredibly intelligent and connected vehicles. AI is fundamentally changing the automotive sector, from product design, supply chain and manufacturing, safety and logistics, all the way down to the in-cabin experience. It seems like there is virtually no limit to AI and other transformative technologies' ability to drive innovation. AI's Role In The Supply Chain Although the current geopolitical uncertainties, supply chain disruptions and economic pressures have the automotive industry scrambling to adapt quickly and efficiently, I believe there is an exciting opportunity for organizations to rethink their factories and supply chains of the future. In today's political headwinds, every organization must ensure the longevity and resilience of its business in the market, with 62% of organizations acknowledging the importance of establishing domestic manufacturing and supply chain infrastructure to strengthen local capacity. Arguably, one of AI's most important roles is its potential to revolutionize supply chain operations. AI-powered technologies can provide companies with the power to better map their supply chains, detect changes in supply and demand, and recommend proactive measures to mitigate disruptions earlier. For example, AI technology is already helping automotive OEMs adjust their strategies to improve part supply by understanding multiple market signals to continuously monitor the risk of parts shortages to keep plant lines running. Early guidance can enable alternate sourcing and reduce or eliminate reactive approaches. Hand in hand with other advanced technologies such as agentic AI, machine learning (ML) and large language models (LLMs), AI-powered technologies are helping companies mitigate supply chain risk to continue manufacturing despite market shifts. Additionally, the rise of hybrids and electric vehicles (EVs) has added complexity to the automotive supply chain, accounting for a record 20% of US vehicle sales in 2024. Beyond working together to improve planning, forecasting and decision making, these tools will be crucial in supporting the manufacturing of complex vehicles and their software-rich components to keep up with the ever-changing customer demand. While AI will be key in building proactive resilience and risk management in the automotive supply chain and manufacturing, we're also seeing how AI-powered innovations are powering the vehicles of our future. AI-Powered Innovations In Modern Vehicles Nearly every major automaker around the world utilizes advanced driver assistance systems (ADAS) in some form. With the global ADAS market projected to grow from $72.7 billion in 2025 to $260.5 billion by 2035, it's clear that industry leaders see this technology as essential for enhancing vehicle safety, boosting sales and driving new revenue streams through connected services. AI plays a central role in the evolution of ADAS. Its ability to process vast amounts of data, interpret complex environments and support real-time decision-making brings us closer to fully autonomous vehicles. Currently, 26% of automotive organizations are using generative AI to accelerate autonomous vehicle development. Looking ahead, we can expect to see even greater use of neural networks, proprietary algorithms and agent-based AI in engineering software-defined vehicles. These technologies aim to achieve faster time to market, greater reliability and safety, and improved customer satisfaction—all while keeping human engineers at the wheel. AI is also transforming the in-cabin experience by making it safer and more personalized. Features like voice-activated controls as well as tailored recommendations for food, fuel and eco-friendly routes are already enhancing daily driving. Now, we're seeing next-level personalization with innovations such as interior lighting designed to reduce motion sickness and holographic dashboards, turning cars into immersive, personalized living spaces. Beyond the driving experience, AI is also streamlining post-sale operations. It's helping manufacturers and suppliers close the warranty feedback loop more quickly by identifying product issues through both customer reports and vehicle telematics. This accelerates root cause analysis and improves product design. In service environments, AI tools are helping technicians improve repair accuracy by analyzing shared images, videos and sounds of vehicle issues. Soon, AI agents will be capable of providing real-time guidance on warranty coverage simply by reviewing a media file and responding to technician queries, driving faster, more accurate and more transparent vehicle servicing. The Road Ahead Over the next decade, AI is poised to play a transformative role in the automotive industry, reshaping vehicle development, enhancing driving experiences and influencing urban mobility. As software becomes increasingly central to vehicle functionality, the shift toward software-defined vehicles will accelerate, gradually moving away from traditional engineering paradigms. While fully autonomous vehicles may not yet dominate the roads, we can expect more widespread integration of ADAS, contributing to incremental safety and performance improvements. In-car experiences are also likely to become more adaptive, with AI personalizing settings and preferences to individual drivers. This period of technological transition brings both uncertainty and opportunity. AI holds promise for strengthening supply chain resilience, offering predictive capabilities that could help automakers navigate disruptions with greater agility. At the same time, its role in connecting vehicles to smart city infrastructure opens new possibilities for traffic optimization and urban mobility services, such as autonomous ride-hailing and shared transport. In today's automotive landscape, AI is not just a tool; it's becoming a foundational enabler of innovation. From engineering and manufacturing to the user experience, AI is helping to redefine what vehicles can be, setting new benchmarks for safety, customization and customer expectations. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Globe and Mail
5 days ago
- Automotive
- Globe and Mail
Winners of the 2025 American Consumer Awards 'Automotive' Category for New York Announced by American Consumer Assessment Inc.
The results of the 2025 American Consumer Awards in the 'Automotive' category, organized by the American Consumer Right Association and managed by the American Consumer Assessment, have been announced for the New York region. These awards aim to uphold consumers' fundamental rights by sharing results based on consumer evaluations, providing objective and valuable information, and promoting the qualitative enhancement of consumers' lives. Evaluations for the 2025 American Consumer Awards 'Automotive' category were conducted from March to June, and we conducted an evaluation through review platforms. The evaluation criteria included facility standards, staff service quality, pricing transparency, accessibility and customer responsiveness. A total of 10 businesses received awards in this category. Auto repair shop : BMW of Brooklyn: Service & Parts East Hills Subaru Toyota Service Department (115 Frost St. Westbury) Car dealer : Major World Mercedes-Benz Manhattan Paragon Honda (57-02 Northern Blvd) West Herr Ford of Hamburg Car repair and maintenance service : Fordham Toyota Service & Toyota Parts Auto parts store : AutoShack Auto Parts (42832 NY-12) Auto glass shop : WindshieldHUB A spokesperson for the American Consumer Assessment Inc. stated, "The 2025 American Consumer Awards are grounded in evaluations from real consumers, and we hope these results will provide trustworthy information for consumers and contribute to the growth of the Automotive industry. We also believe that these assessments will encourage businesses to prioritize customer satisfaction and continue to offer exceptional service." Media Contact Company Name: American Consumer Assessment Inc. Contact Person: Harvey Reed Email: Send Email City: Los Angeles State: CA Country: United States Website:
CTV News
6 days ago
- Automotive
- CTV News
Edmunds three-row hybrid SUV test: Kia Sorento vs Toyota Highlander
This photo provided by Kia shows the 2025 Sorento Hybrid. The Sorento Hybrid is an enticing option if you're looking for a small SUV with three rows of seating and good mpg. (Courtesy of Kia America via AP)
