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KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages saidKPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, includi...- Explained: Why Tata Elxsi shares crashed 7% after KPI 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 ...
- Explained: Why Paisalo Digital shares hit 20% upper circuit on WednesdayPaisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from ...
- KPIT Tech shares sink 17%, see worst plunge since 2020 Covid crash. Time to buy or more pain ahead?KPIT Technologies shares dropped to a fresh 52-week low on Wednesday after the company warned of weaker-than-expected Q1 FY27 revenue and m...
- Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...
- 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 ...
- European car sales grow in March as EV rise offsets combustion engine declineEuropean new car sales surged 11.1% in March, driven by a massive 42% jump in electric vehicle registrations. This strong performance, with...
- 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...
- Luxury cars take a backseat in India as Gulf uncertainty grips buyers, says BMWAmid rising tensions in the Gulf, BMW India is witnessing a shift in consumer behavior among its high-net-worth clients. The current geopol...
- BMW, Mercedes, VW in talks with US over possible tariff deal, sources sayGerman carmakers, including BMW, Mercedes-Benz, and Volkswagen, are engaged in discussions with Washington regarding a potential import tar...
- BMW CEO Oliver Zipse says EU combustion-engine ban ‘no longer realistic’BMW CEO Oliver Zipse warns that the EU's plan to ban combustion-engine cars by 2035 will significantly shrink the automotive industry in Eu...
- EU may cut China EV import tariffs for Volkswagen and BMW, sources sayThe European Commission may lower tariffs on Volkswagen and BMW’s China-made EVs, including the Mini and SEAT's Cupra Tavascan, to 20.8%. W...
- EU tariffs on Chinese EVs could backfire, German car bosses warnThe European Commission, which oversees trade policy in the 27-nation European Union, launched an investigation in October into whether ful...
- BMW, Audi suspend shipments by train to China due to Ukraine warAudi also proactively suspended rail transports to and from China via Russia with the Trans-Siberian Railway immediately after Russia's inv...
- EU fines BMW and Volkswagen Group $1 billion over emission cleaningThe EU executive said the trio had colluded on technical development in the area of nitrogen oxide cleaning, but Daimler was not fined beca...
- Donald Trump blasts German carmakers' US sales, threatens to stop salesGerman carmakers like Daimler AG, Volkswagen AG and BMW have responded to the attacks with a mix of defiance and mollification.
- BMW, Volkswagen may buy SGL shares: ReportBMW and Volkswagen are both considering buying shares in carbon fibre producer SGL Carbon as the two wrestle for control of the company.
- BMW unveils 400-million-euro electric car investmentThe world's leading luxury car maker, BMW, said on Friday it will invest 400 million euros (560 million dollars) by 2013 to produce an elec...
- European car-makers oppose EU's tariff cut plan for IndiaEuropean car-makers, which have pumped in excess of $2 billion to set up manufacturing units in India, are opposing an EU proposal for big ...
- BMW to cut jobs in Germany, up US productionBMW says it will cut 7.5% of its work force in Germany over two years while increasing production in the US by more than 50% by 2012.
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