Welcome in, today is Friday, July thirty-first, and we begin with Stellantis, where Automotive News reports a second straight quarterly profit. Stellantis turned that profit as its U.S. market share rose half a point from a year earlier. The share figure comes from chief executive Antonio Filosa, per Automotive News, which reports the gain arriving as sales surge for the company's Ram pickups in its most critical market. That gives the trade its first real read on whether the turnaround plan is landing where volume and dealer inventory actually sit, rather than only in the headline result. The same reporting has the automaker looking to drive second-half profits with more Hemi-powered pickups. Automotive World strikes a different note on the same quarter, reporting that revenue, profit and deliveries all trended positive, yet earnings still fell short of expectations. Industry reaction leans skeptical rather than celebratory. Some in the trade read the quarter as one region carrying the company while Europe stays a drag, and question how durable a turnaround built on a single truck-led market really is. Now, the numbers behind a story we brought you yesterday. Following our earlier report on BMW cutting several thousand jobs, the company has put figures to the pressure driving them. Automotive News reports second-quarter profit fell thirty-three percent, with the operating margin on cars at two point three percent, and a thirty percent collapse in Chinese sales doing much of the damage. That account also ties part of the hit to weaker consumer sentiment from the conflict in the Middle East. BMW confirmed its full-year guidance, still targeting a car operating margin of one to three percent, which is the floor the company says it can hold while it cuts. Automotive World adds that BMW has acknowledged sales growth in most markets cannot counteract accelerating losses in China. Separately, Amazon's Zoox has won the first U.S. approval for paid robotaxi service in vehicles with no human controls. Automotive News reports the approval came July twenty-ninth for limited commercial deployment of steering-wheel-free robotaxis, and that the U.S. auto safety agency disclosed it a day later, calling it a first for the autonomous ride industry. Automotive World reports the approval covers deployment of up to five thousand driverless vehicles, and frames Zoox's capped, incremental path as the reason it reached commercial deployment first. What changes is the regulatory reference point: a purpose-built vehicle without conventional controls now has a defined federal path, exemption terms and all, and supplier and program teams will read that path closely. Industry reaction treats the milestone as regulatory rather than operational, noting driverless ride-hailing already runs on public roads elsewhere, with some framing consumer awareness, not technology or approval, as the binding constraint on converting riders to paid trips. Also today, Chinese suppliers now hold sixteen places in the Automotive News Top One Hundred global supplier ranking, matching the United States. That ranking, based on twenty twenty-five fiscal-year results, has CATL jumping to third place after a twenty-five percent revenue increase in battery products, displacing Magna. The same list shows no movement at the top, with Bosch retaining the lead and Denso second. For sourcing and tier-one benchmarking, the signal is where the global supply base is concentrating, not any one company's year. Reaction is mixed on what the climb reflects. Some in the trade read it as spillover from a brutal domestic price war rather than straightforward competitiveness, and a recurring counterpoint is skepticism about whether cost advantages built on cheap inputs hold up on quality, with the real test framed as arriving only as owners accumulate time in the vehicles. Now, a few more headlines moving the trade today. Ferrari raised its full-year guidance, per Automotive News, as limited models including the F80 and Purosangue lifted second-quarter earnings and profitability despite lower deliveries. Reuters argues Thursday's results, from Fiat to Ferrari, split the industry between carmakers earning on American pickups and those struggling against Chinese rivals. And finally, following our earlier report on the split, Uber has confirmed the end of its Waymo tie-up, per Automotive World, testing whether robotaxi developers need aggregator distribution at all.