Hyundai Motor Group has begun construction on its first Middle East manufacturing plant in Saudi Arabia, marking a significant expansion into the region. The ceremony at King Salma...
Tata Motors shares fell 3% after reporting a 51% drop in Q4 profits, attributed to weaker volumes and lower operating leverage. The company also expressed concerns over global unce...
Jaguar Land Rover is set to benefit from the India-UK free trade agreement, reducing import duties on future vehicles to 10%. The US-UK trade deal also offers a tariff reduction, p...
Tata Motors is reassessing Jaguar Land Rover's profit targets due to new US tariffs and a UK-US trade deal, highlighting challenges global automakers face in uncertain trade enviro...
Tata Motors reports a 51% decline in Q4 net profit to Rs 8,556 crore, announces a Rs 6 dividend per share, and outlines strategic plans amidst global trade challenges and a focus o...
Nissan Motor Corporation reported a slight revenue decrease to ¥12.6 trillion in FY2024, with a significant net loss of ¥670.9 billion, contrasting sharply with the previous year's...
Honda Motor Co. Ltd. reports a 24.5% drop in fiscal year profits to ¥835.8 billion, with earnings per share falling to ¥178.93. The company anticipates further challenges due to gl...
Honda Motor Co., Ltd. has postponed its plan to establish a comprehensive EV value chain in Canada by two years due to slowing demand. The company aims for EVs to represent 100% of...
Nissan Motor Co., Ltd. plans a significant workforce reduction, cutting over 10,000 jobs globally, as part of its strategy to address financial challenges. This follows an earlier ...
Toyota reports a historic net income of $21.6 billion in fiscal 2025, marking a significant achievement in its financial performance and setting a new industry benchmark.
BMW Group's Q1 2025 revenue fell 7.8% to €34B, surpassing expectations despite a challenging market. Net profit dropped 26.4%, and deliveries decreased by 1.4%. Leadership highligh...
Rivian Automotive Inc. reported a steady Q1 revenue of $1.2 billion for fiscal 2025, with reduced net and operational losses. CEO RJ Scaringe highlighted progress on the R2 project...
Continental AG warns of the global impact of tariffs and trade restrictions, citing significant uncertainty for the economic outlook. The company reports stable sales but notes a d...
Continental AG warns of global trade uncertainty due to tariffs and geopolitical tensions, with stagnant sales and a notable drop in European automotive production highlighting the...
General Motors has lowered its 2025 earnings forecast due to up to $5 billion in exposure from US tariffs, with EBIT-adjusted profits now expected between $10 billion and $12.5 bil...
General Motors has lowered its 2025 earnings forecast, citing up to $5 billion in exposure from new US tariffs. The company now expects EBIT-adjusted profits between $10 billion an...
Volkswagen Group reports a 2.8% increase in Q1 2025 revenue to €77.6B, with a rise in vehicle sales and deliveries. Despite a drop in production and operating profit, electrificati...
Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, citing lower shipment volumes and tariff uncertainties. Despite challenges, the company sees early recovery signs...
Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, despite a 36.9% plunge in operating profit. Vehicle sales rose slightly, but production fell. The company eye...
Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and sees...
Mercedes-Benz reports a record-breaking first-quarter revenue of €33.2 billion, showcasing its strong market position and setting new benchmarks in the luxury automotive sector.
Porsche AG's shares fell over 7% after reporting a 44% drop in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling financial challenges ahead.
Porsche AG's shares dropped over 7% after reporting a 44% decline in Q1 profits and reducing its 2025 revenue and return on sales forecasts. The stock fell to €43.35, reflecting in...
Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential financial challenges ahe...
General Motors announced a 2.3% revenue increase to $44.02B in Q1 2025, beating expectations. Despite a 6.6% net income drop, adjusted EPS rose by 6.1%. The company suspended its 2...
Porsche AG shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, raising concerns about its financial outlook.
General Motors announced a 2.3% revenue increase to $44.02B in Q1 2025, surpassing expectations. Despite a 6.6% drop in net income, adjusted EPS rose by 6.1%. The company suspended...
General Motors announced a 2.3% revenue increase in Q1 2025 to $44.02B, beating expectations despite a 6.6% drop in net income. Adjusted EPS rose 6.1%, but the company suspended it...
Porsche AG's shares dropped over 7% after reporting a 44% plunge in Q1 profit to €518m and cutting its 2025 revenue forecast to €37-€38bn, signaling potential challenges ahead.
Porsche AG's shares dropped over 7% after reporting a 44% plunge in profit after tax to €518 million and slashing its 2025 revenue and return on sales forecasts, leading to a signi...
Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential challenges ahead.
Maruti Suzuki India reports a slight 1% decrease in Q4 profit but sees a healthy rise in annual revenue, attributing growth to strong demand and operational efficiency.
