EV maker VinFast’s revenue jumps on South-east Asian demand, but loss widens

Electric vehicle sales remain sluggish in the United States and some other countries

BYD’s total vehicle sales rose for the first time in nine months in May.

China car sales downturn extends into May as Volkswagen tests EV revamp

Exports grow 75.1% but the increase isn’t enough to counter the domestic slump

The US-Israeli war on Iran has largely cut oil flows via the strait, which before the conflict saw one-fifth of the world’s oil pass through.

Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted

Several tankers have managed to leave the Gulf recently, but oil and liquefied natural gas flows are still severely constrained

British Airways, which is part of IAG, as well as Deutsche Lufthansa and Air France-KLM, have pushed more business onto routes to Asia and parts of Africa.

Airlines see gains wearing off from Persian Gulf rivals’ absence

For now, some carriers have sought to benefit from the regional competitive dislocation

Willie Walsh, director general of Iata, expects some smaller airlines to go bankrupt or be taken over by bigger carriers this year and the next as higher fuel costs bite.

Global airlines slash 2026 profit forecast on fuel shock from Iran war

Iata says it expects the industry to post combined earnings of US$23 billion this year, down from US$45 billion in 2025

IAG, which owns British Airways, plans to offset 60% of fuel costs through revenue and savings.

British Airways says fare increases more likely after main summer season

Airlines across the world are grappling with higher fuel costs because of the Iran war

The planemaker’s stated goal is to raise production to 63 jets a month.

Boeing studying boost of 737 Max plane production to highest-ever rate

Turning out more jets is critical to its financial recovery after losing more than US$30 billion recently

JPMorgan analysts say Tesla's revenue is forecast to more than double to roughly US$203 billion by 2030.

JPMorgan upgrades Tesla to ‘neutral’, expects robotics to drive long-term growth

The bank hikes its price target on the electric-vehicle maker’s shares to US$475 from US$145

BYD’s momentum is likely to continue, with the firm this month using one of its own car-carriers for the first time to ship almost 5,000 EVs to Australia.

China speeds past Japan in Australian car imports on EV bonanza

Electric vehicles and hybrids account for almost half of the cars sold in Australia in May

Qantas operates some 128 jets and is in the middle of a fleet renewal programme involving 200 aircraft.

Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say

Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlier