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GLOBAL AUTOMOTIVE SALES DECLINE
India's smartphone shipments fall 10% in Q2, biggest June-quarter drop in six yearsIndia's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset pri...- Volvo Cars sees stronger second half despite steep China decline, rising costsVolvo Cars anticipates improved profitability in the second half of the year. Rising raw material costs and a severe China slowdown are imp...
- Global Market: European shares fall as tech selloff, Middle East tensions weigh; Saab gainsEuropean shares opened lower on Friday, heading for weekly losses. Escalating Middle East tensions and a tech stock selloff dampened invest...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- Petrol, diesel sales surge in first half of JulyPetrol and diesel sales saw significant year-on-year increases in early July. Below-normal monsoon rains boosted demand from farmers and mo...
- Publicis raises growth target as AI-driven marketing demand stays strongPublicis raised its growth target after strong second-quarter sales exceeded expectations. AI-powered marketing services and client wins bo...
- Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
- Tata Capital raises $400 million in global bond saleTata Capital successfully raised $400 million by selling dollar bonds abroad. Asian and European asset managers dominated demand for these ...
- India's passenger vehicle dispatches hit record high in Q1 as demand powers auto sales: SIAMDomestic passenger vehicle dispatches hit an all-time high in the first quarter of FY27. Two-wheeler and three-wheeler dispatches also saw ...
- Signature Global net debt doubles to Rs 390 cr in Q1, pre-sales down 25% to Rs 1,970 croreSignature Global's net debt nearly doubled to Rs 390 crore in the first quarter. Sales bookings fell 25 percent to Rs 1,970 crore due to lo...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- Price hikes keep budget phone, TV buyers awayEntry-level smartphone and television sales have declined for the first time in over a decade. Successive price increases, driven by memory...
- India's automotive sector records 20 deals worth $717 mn in Q2 2026: Grant Thornton BharatIndia's automotive sector recorded its lowest quarterly deal volumes in three years. Deal values remained strong despite falling transactio...
- SK Hynix advisors win big fee windfall after modest SpaceX paydayThe fees equate to about 0.97% of the total amount raised, SK Hynix's filings showed, meaning bankers earned more as a percentage of deal...
- China's car slump has a new escape route — the rest of the worldChina's auto sales decline prompts manufacturers to boost overseas exports. Domestic demand has fallen significantly, pushing companies to ...
- Indian ER&D firms brace for a bumpy first quarter on EU auto speedbumpAmong the listed players, Tata Elxsi is expected to report sequential revenue growth of 1.2% in constant currency, helped by demand from th...
- Can Kusumgar IPO deliver long-term growth for high risk investors?Kusumgar plans a ₹650 crore offer for sale, reducing promoter stake to 75.4%. The engineered fabrics manufacturer boasts strong EBITDA marg...
- German car parts co Webasto plans to take local unit publicGerman auto parts giant Webasto is eyeing a $400-500 million IPO for its Indian unit by 2027, aiming to capitalize on India's booming car m...
- Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrestJaguar Land Rover's first-quarter sales dipped 15.3% due to supply issues and weaker demand. A supplier fire and disruptions from the Middl...
- Toyota sales fall for fourth month in May as declines in China, US and Middle East weighToyota Motor Company experienced a 7.2% drop in global vehicle sales for May, reflecting a fourth straight month of downfall. This slump st...
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