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EUROPEAN CAR MARKET DECLINE
Global Market: Eurozone bond yields edge higher after Fed rate hikeThe eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term y...- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities rebounded on September 16 after Tuesday’s sharp sell-off, with Sensex gaining 333 points and Nifty rising 99 points. Large ...
- Global Market: European shares recover as oil rally pauses ahead of Fed decisionEuropean shares recovered after two sessions of losses as a pause in oil prices eased pressure on risk assets ahead of the Federal Reserve'...
- How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
- EU Parliament votes to scrap carbon border tax's emergency brake, setting up clash with member statesEuropean Union lawmakers voted to remove a clause allowing suspension of the carbon border levy. This move sets up a disagreement with EU m...
- European chip startup Axelera wins AI factory supply deals and launches second chipCEO Fabrizio Del Maffeo in a phone call with Reuters declined to give precise details, but said the company now has more than 600 customers...
- Global Market: Euronext, Deutsche Boerse shares rise on renewed merger talksEuronext and Deutsche Boerse shares rose around 2% after Euronext CEO Stephane Boujnah said a potential combination could make strategic se...
- Global Market: European shares subdued as tech stocks slide, oil prices surgeEuropean shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp ri...
- India-EU FTA progress: European Commission moves to get it signedThe European Commission has formally proposed signing a Free Trade Agreement with India. This proposal clears the path for early approval b...
- India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakhThe India-EU free trade agreement will allow European automakers to export 1 lakh passenger vehicles annually at concessional duties initia...
- Automotive vision AI company Stradvision eyes India expansion in 2027, aims to hire engineering talentStradvision is set to unveil its AI automotive vision software in India by 2027, as part of its strategy to grow its local footprint and re...
- China's car exports in first 8 months surpass 2025 total, as EV sales soarChina's passenger car exports have already exceeded last year's total for this year. August saw a significant 67.1% surge in passenger car ...
- Global Market: European shares edge higher ahead of ECB rate decisionEuropean shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christi...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets extended their losing streak for a third day as soaring oil prices and Middle East tensions hurt sentiment. Sensex fell 813 ...
- Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
- China's exports in August rise 25% on car and chip fillipChina's exports expanded 25% year-on-year in August in US dollar terms, matching forecast and accelerating from the 23.9% growth in the pre...
- Global Market: European shares slip as oil surge fuels inflation fears; Novartis plungesEuropean shares slipped as surging oil prices raised inflation concerns amid escalating Middle East tensions and threats to Gulf energy inf...
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