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Lucid Group (LCID) earnings Q3 2026

Lucid Group missed Wall Street’s third-quarter expectations as the embattled electric vehicle maker continues an “operational reset” aimed at cutting costs and narrowing losses. The company on Monday also announced a $1.75 billion increase in a delayed draw term loan from Saudi Arabia’s Public Investment Fund, the company’s largest shareholder. Lucid stock fell roughly 5%...
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China car buyers prioritize tech over price: Bain

CHENGDU, CHINA – AUGUST 21: Visitors try out a new sedan during the 29th Chengdu International Automobile Exhibition at China Western International Expo City on August 21, 2026 in Chengdu, Sichuan Province of China. The exhibition features nearly 120 mainstream domestic and international automobile brands showcasing approximately 1,600 vehicles under the theme “Leading the Trend,...
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GM eyes-off driving on track for 2028, Barra says

General Motors CEO Mary Barra said Monday that the automaker remains on track to introduce “eyes-off, hands-off” driving technology by 2028. GM announced last October that it plans to launch its next-generation driver-assistance system in the electric Cadillac Escalade IQ in 2028 before expanding to other models. Unlike the company’s existing Super Cruise system, which...
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