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EUROPEAN AUTOMAKERS
KPIT outlook disappoints, analysts push growth recovery to FY28KPIT Technologies shares tumbled nearly 17% after issuing a weaker-than-expected outlook for FY27. European automakers, facing profitabilit...- Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
- European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
- Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
- Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities advanced for a fourth straight session as easing geopolitical tensions, lower crude oil prices, softer bond yields and a st...
- Renault teams up with Thales to boost France's drone productionRenault will manufacture military drones for Thales. Production of 1,000 units monthly is set to begin next year. This partnership aims to ...
- Poland teams up with Foxconn to build EVs: PM TuskPoland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year....
- Tesla presented misleading 'Full Self-Driving' safety data to European regulatorsIn a bold move to secure European approval for its Full Self-Driving technology, Tesla has shared crucial safety data with Swedish and Dutc...
- Renault partners with Thales to develop military vehicle in new defence projectRenault Group is teaming up with Thales to build a new military vehicle, aiming to support European rearmament. This multi-mission vehicle,...
- India clears way for self-driving, safety car tech to reduce road deathsIndia has removed the licence requirement for automotive radar sensors operating in the 77-81 GHz frequency band, paving the way for wider ...
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- Stellantis plays down European scope for JLR and Tata partnershipsStellantis Europe chief Emanuele Cappellano revealed no immediate plans to extend recent partnerships with Jaguar Land Rover and Tata Motor...
- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- Stellantis says to invest 60 bn euros over five yearsAutomaker Stellantis is investing 60 billion euros over five years. The company plans to reduce its production capacity in Europe by 20 per...
- Stellantis plans partnerships with Dongfeng in Europe, JLR in USStellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the he...
- Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal MindaIndia's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good ...
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