Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Landmark Cars shares rally upto 13% post Q1 business update, revenue jumps over 22%Landmark Cars shares rallied after the company reported record Q1FY27 sales, driven by strong vehicle deliveries and robust demand. Healthy...
Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
China's car slump has a new escape route — the rest of the worldChina's auto sales decline prompts manufacturers to boost overseas exports. Domestic demand has fallen significantly, pushing companies to ...
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
China car sales slump for ninth straight month, exports stay strongChina's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focus...
What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...
Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPOMomenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5...
The empire of doubt, ally of convenience: America at 250, seen from IndiaAs America marks 250 years, its global dominance, built on military might and economic power, faces unprecedented challenges. Internal self...
UK electric car market share hits 30% in June: industry dataIn a significant surge, British new car registrations climbed 15% in June. Battery electric vehicles are making strong inroads, capturing a...
Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
- Tesla stock price: Why are Tesla shares down even though Elon Musk-owned EV giant posts record second-quarter sales deliveries?
Tesla stock fell sharply in midday trading Thursday, down more than 7 per cent, in an odd development.
BYD India hikes prices of select variants of vehicles by up to Rs 1 lakhElectric carmaker BYD India is set to increase prices on select variants of its passenger vehicles by up to Rs 1 lakh, effective July 1, 20...
Tata Sierra EV launched at Rs 18.79 lakh with QWD, fast charging, lifetime battery warranty and moreTata Sierra EV launched: Tata Motors has launched the Sierra EV in India, bringing quad wheel drive, a triple-screen cabin, six terrain mod...
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...
China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...