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LUXURY CARS IN CHINA
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...- 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...
- JLR pivots to flexible powertrains amid slow pace of electrificationJaguar Land Rover is adjusting its strategy. The company will offer a mix of petrol, hybrid, and electric vehicles. This change comes after...
- Tata Motors flags 'challenging & volatile' outlook for Jaguar Land RoverTata Motors Passenger Vehicles Limited saw record domestic sales in FY26. However, Jaguar Land Rover faced challenges impacting overall per...
- On This Day in History, June 8: Porsche is born, Ghostbusters release, Siam renamed Thailand, Orwell's Nineteen Eighty-Four published, NFL merger announced, Robert F. Kennedy laid to rest and other major eventsOn This Day in History, June 8, the world witnessed events that shaped politics, warfare, literature and culture. The Viking raid on Lindis...
- 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...
- Tropical storm Jangmi hits Southwestern Japan: Injures 9 in Japan, people urged to evacuate, leaves thousands without powerTyphoon Jangmi, a severe tropical storm, battered southwestern Japan on Tuesday. The storm cut off power to tens of thousands of homes, gro...
- 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...
- 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...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- Iran war to supercharge Asia's move from fossil fuels to electronsThe U.S. and Israeli conflict with Iran is accelerating Asia's shift to electrification, particularly electric vehicles and battery storage...
- 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...
- 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...
- Boardroom on wheels: How MPVs have begun to speak a new language of luxury on Indian roadsThe growing popularity of the MPV among top executives and celebrities signals the arrival of a new trend -- one that is defined by practic...
- Nissan to trim global car lineup, boost use of AI driving techNissan is set to simplify its car models globally. The company aims to use artificial intelligence in most of its vehicles. Sales targets a...
- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Tesla is developing a new smaller, cheaper EV, sources sayThe effort follows a decision by chief executive Elon Musk to scrap a highly anticipated low-cost EV project in 2024 and pivot the company ...
- 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...
- The market for big, expensive luxury cars in China is overChinese buy mass-market cars, but relative to development of more mature global markets, they buy a disproportionately large number of luxu...
- Audi weighs new China plant to hit sales targetVolkswagen’s Audi luxury unit may add a new factory in China as a plant in Changchun won’t suffice to back the carmaker’s expansion in the ...
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