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AUTOMAKER PROFIT GROWTH
US Stocks: GM's core profit rises 22% on strength of pickup-truck businessGeneral Motors exceeded analyst expectations in third-quarter earnings, driven by robust demand for their pickups and SUVs. The company rep...- India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
- South Korean shares post more than 6-month closing low as chipmakers fall on AI concerns"The sustainability of the recent rebound was limited as credit and profitability concerns around AI investment remained not fully resolved...
- Volkswagen bet on Xpeng to save its China business. It's not going to planVolkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3...
- Chinese car makers increasingly rely on overseas markets as September exports surgeChina’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to off...
- China’s loss could be India’s gain as Japan Inc sours on ChinaJapanese companies are reducing their presence in China due to rising competition and geopolitical tensions. They are now considering inves...
- Palmonas' offline push; IndiaAI's GPU crunchHappy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s...
- From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
- India's car sales crank up as GST gains & income twist top price hikesCar prices have risen about 3% in the past year, but faster growth in household disposable incomes has kept cars affordable after GST 2.0 c...
- 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...
- 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...
- Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...
- Global Markets | European shares rise as French stocks rebound; markets digest Warsh speechEuropean stock markets experienced a slight uptick this week, buoyed by a notable recovery in French equities. Investors keenly scrutinized...
- From Nike to Starbucks, some American brands are losing aura in ChinaGlobal companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact fore...
- Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
- Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensiveHyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, t...
- More cars, thinner margins: Why rising sales aren’t boosting automakers’ profitsIndian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufactur...
- India Inc’s blockbuster Q1 earnings may not last as 3 key tailwinds fade in H2India Inc's impressive earnings in the first quarter might not sustain their momentum into the latter half of the year. Diminishing effects...
- Ashok Leyland shares rise 2% post Q1 results. What Citi and Nomura suggestAshok Leyland shares rose 2.15% after the commercial vehicle maker reported a 2% YoY increase in consolidated net profit to Rs 668 crore in...
- Tata Motors sells more in India, but JLR woes send profit crashing 80%Tata Motors Passenger Vehicles’ June-quarter net profit fell 80% to ₹775 crore as JLR faced supply disruptions and weaker volumes, while hi...
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