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EUROPEAN AUTOMAKERS
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...
Parle Melody: The ₹1 soft power twist Modi served to Meloni and the worldPrime Minister Modi's gift of a Parle Melody toffee to Italy's Giorgia Meloni symbolised India's evolving soft power. Beyond traditional ex...
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 ...
Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...
NATO seeks details as US says it will pull about 5,000 troops from GermanyNATO is collaborating with the United States to comprehend Washington's decision to reduce its troop presence in Germany by 5,000. This mov...
Ferrari eyes faster India expansion on back of EU-India FTA boostFerrari anticipates accelerated growth in India, driven by a significant reduction in import duties following the EU FTA. The company is en...
Musk’s pay goes interplanetary as SpaceX links compensation to Mars goalSpaceX's board has approved a groundbreaking pay package for founder Elon Musk. This plan links his compensation to extraordinary future ac...
BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
Trump tariffs here to stay, US trade official tells Mexican firms: SourcesUS trade representatives have informed Mexico that President Trump's tariffs on auto and steel sectors are here to stay. These duties will ...
Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
Iran war's global energy crisis sharpens China's advantage in clean techThe Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning Chi...
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
Local wheels ride smooth on country roads as Indian carmakers overtake foreign rivalsIndian car manufacturers are gaining ground in the domestic market. Tata Motors and Mahindra & Mahindra have seen their market share rise s...
Stock market today: Tesla share price crashes even as Elon Musk's company witnesses jump in China model salesTesla stock price: Tesla has posted two consecutive years of declining deliveries for the first time in its history.