The second-quarter earnings season for the Auto-Tires-Trucks sector began on July 14, 2026, highlighted by Autoliv surpassing earnings estimates. Upcoming reports this week include major players such as Tesla, General Motors, and Cummins. Year-over-year, the auto sector’s earnings and revenues are projected to increase by 6.2% and 0.8%, respectively, according to a July 15 report.
In Q2 2026, U.S. auto sales reached over 4.1 million vehicles, reflecting a 10% rise from Q1, although yearly sales still faced challenges due to affordability. The average vehicle listing price hit $49,336, a 1.4% increase year-over-year. Tesla is expected to report earnings of $0.50 per share with revenue of $29 billion, having delivered 480,126 vehicles during the quarter, a 25% increase compared to the same period last year.
General Motors’ Q2 revenue estimate stands at $46.5 billion, with earnings projected at $3.13 per share, while Cummins anticipates profits of $7.33 per share from projected revenues of $9.3 billion. BorgWarner expects earnings of $1.26 per share on revenues of $3.6 billion, bolstered by new business wins and operational efficiencies.
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