Searched for
LUXURY CARMAKER PROFITS
JLR projects revenue growth and return to profit in FY27, doubles down on USJaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profita...- Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
- Tata Motors PV eyes industry-leading FY27 growth as new launches, EV momentum fuel optimismTata Motors Passenger Vehicles anticipates strong growth in fiscal 2027. The company plans new product launches and a multi-powertrain stra...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- It ain't a Ferrari, if it don't look FerrariThe debut of Ferrari's electric supercar, Luce, is turning heads in the automotive world. With a design that diverges from the classic Ferr...
- Jaguar Land Rover profit wiped out by cyberattack, US tariffsLast year proved challenging for Jaguar Land Rover, as nearly all profits evaporated due to US tariffs, reduced demand from China, and a de...
- Stocks in news: HUL, Bajaj Finance, Adani Power, Adani Enterprises, Vedanta, Tata Motors PVIndian markets anticipate the US Fed's decision and election exit polls today. Key companies including HUL, Bajaj Finance, and Adani Power ...
- 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...
- Luxury carmakers' gold-leafed Gulf profits are under threat from Iran warLuxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...
- Vantage maker Aston Martin cuts 20% of staff amid US tariffs, weak China demandAston Martin will cut 20% of its workforce after reporting an annual loss that missed expectations, hit by weak demand and tariff pressures...
- Mercedes-Benz 2024 car sales fall in tough year for automakersMercedes-Benz's car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery...
- Ultra rich chase Rs 1 crore-plus supercars on luxury driveCarmakers such as Mercedes, BMW, Audi and Toyota rolled out eight new models with eight-figure price tags in 2023, taking the number of suc...
- Porsche confirms outlook but warns luxury not immune to economic woesPorsche AG has reported its nine-month results in line with its annual forecast, but has warned that the luxury sector is being affected by...
- Mercedes-Benz India zips past ₹10,000-crore revenue mark in FY23The robust financial performance came even as volumes have still to reach the peak of the pre-Covid year of FY19. In FY23, the local arm of...
- Lamborghini has already sold all its cars until 2024The Volkswagen subsidiary is enjoying "high demand" and has an order book covering the next 18 months, CEO Stephan Winkelmann said.
- Strong demand revs Rolls-Royce car sales to a record high in 2021Premium and luxury car sales have been growing more broadly in key global markets such as China and the United States as pandemic travel re...
- BMW navigates chip crisis to book higher profits"The BMW group continued to demonstrate its high level of profitability in the period from July to September 2021, with revenues, profit be...
- Aim to be world's most profitable luxury carmaker: JLR CEO Thierry Bollore"Our goal is to deliver a double-digit EBIT margin and become one of the world's most profitable luxury manufacturers," Bollore said in his...
- Volkswagen weathers pandemic with $10.7 billion profitVolkswagen common shares traded 1.2% higher after the earnings statement. More financial details are to be announced March 16 at the compan...
Load More
