The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1428 ET - Canadian Pacific Kansas City may benefit from another strong grain transport year after record production in Western Canada. CIBC's Kevin Chiang notes the 2025-26 year saw grain production reach 85 million metric tons, which created concern that it would create difficult comparatives for this year. While levels are expected to be down, "grain looks to be less of a headwind than feared," he says, noting that Agriculture and Agri-Food Canada expects 2026-27 total principal grain production to come in at 101.517 million tons, versus 107.106 million tons in the prior year, representing a 5.2% decline which "remains healthy, even if down Y/Y." (adriano.marchese@wsj.com)

1353 ET - Cox Automotive raises its full-year 2026 new-vehicle sales forecast to 16.1 million units from 15.8 million, reflecting a more resilient demand than expected. The market is facing higher fuel prices, elevated interest rates and ongoing economic uncertainty, Cox says, but adds that strong summer sales performance, improving credit availability and sustained consumer demand prompted the upward revision. Both new retail sales and fleet sales forecasts were increased. Retail is now expected to reach 13.1 million units and fleet is projected at 3 million units, Cox says. September's new-vehicle sales pace is expected to finish near 16.3 million, below last year's 16.6 million level and down from August's 16.8 million pace, Cox adds. (stephen.nakrosis@wsj.com)

0527 ET - Oil prices extend gains, with front-month Brent crude futures rising back above $105 a barrel. According to an AFP report citing Iran's news agency Fars, an adviser to Iran's Supreme Leader Mojtaba Khamenei warns that Tehran might expand the Middle East war to the Indian Ocean if the U.S. or Israel attacks again. In midmorning European trading, the global oil benchmark gains 2.3% to $105.47 a barrel, while the U.S. oil gauge WTI is up 1.8% to $93.80 a barrel. (giulia.petroni@wsj.com)

0258 ET - The EV charging experience is replacing range as the next battleground for Chinese EV makers, Jefferies analysts write in a note. The launch of Geely Automobile's new AI-powered charging technology materially narrows one of Geely's product disadvantages, they say. If execution delivers, the impact should show up in ground-level EV market share, instead of for any single model, they say. The key tests for Geely in the next 12 months include progress in the build-out of its charging network, real-world cycle-life data, and monthly BEV volumes across its Zeekr, Lynk & Co and Galaxy brands. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

2330 ET - Petronas upstream investments could support Malaysia's oil and gas activity outlook, says RHB IB analyst Lee Yun Leon in a note. The company's capital investments reached 41.4 billion ringgit in 1H, with downstream spending of 26 billion ringgit accounting for 63%, due to an additional investment in Pengerang Refining and Petrochemical. Upstream capex rose 19% on year to 8.7 billion ringgit in 1H, he says. Geopolitical tensions are expected to provide near-term support for oil prices, petrochemical prices and freight rates, he says, and maintains 2026 and 2027 Brent crude forecasts at $89 and $72 a barrel, respectively. RHB has an overweight rating on Malaysia's oil and gas sector. MISC and Dialog are top picks on MISC's defensive earnings and Dialog's resilient recurring income. (yingxian.wong@wsj.com)

2241 ET - Yutong could continue to face valuation pressures from uncertainty on stricter European Union rules and its overseas export strategy, Citi analyst Jeff Chung says in a note, pointing to the share price's underperformance. Up to 80% of recurring net profit could be affected in the worst-case scenario, though that impact might only be felt in 2028, the analyst says. The bank says the uncertainty might continue to hurt Yutong's valuation more than its long-term earnings. Citi keeps its buy rating on the stock with a target price of 41.70 yuan. Shares are up 2.7% at 25.94 yuan.