European Markets Hold Steady: Key Earnings and GDP Data in Focus
European markets were steady in premarket trading, with mixed earnings from the automotive sector and key economic data releases. The DAX saw a slight increase, while other major i...
automotive sector News
European Markets Rally as Earnings Season Begins: Banking, Automotive, and Pharma in Focus
European stock markets opened higher as investors prepare for a week packed with corporate earnings, focusing on banking, automotive, and pharmaceutical sectors. Key economic data ...
European Markets Rally at Opening Bell: A Week Packed with Earnings and Economic Data Ahead
European stock markets opened higher, with investors eyeing a busy week of earnings from key sectors like banking and automotive, alongside important economic data including GDP an...
European Markets Rally as Earnings Season Begins: A Week Packed with Banking, Automotive, and Pharma Reports
European stock markets opened higher as investors prepare for a week full of corporate earnings and economic data, focusing on banking, automotive, and pharmaceutical sectors. Key ...
European Markets Rally as Earnings Season Begins: Banking, Automotive, and Pharma in Focus
European stock markets opened higher as investors brace for a week full of corporate earnings, with a focus on banking, automotive, and pharmaceutical sectors. Key indices showed g...
Renault Faces Slight Revenue Dip in Q1 2025, Automotive Sector Takes a 3% Hit
Renault Group reports a slight 0.3% revenue decline in Q1 2025 to €11.67 billion, with automotive revenues down by 3%. The company faces challenges in a fluctuating market.
South Korea Seeks Tariff Relief in High-Stakes U.S. Trade Negotiations Amid Export Slump
South Korea is engaging in critical trade negotiations with the U.S. to address tariff impositions that have led to a notable decline in exports, particularly in the automotive and...
Daimler Truck Faces 8% Global Delivery Decline in Q1 2025 Amid Mixed Regional Performances
Daimler Truck AG reports an 8% decline in global Q1 2025 sales, with notable drops in Mercedes-Benz Trucks and North America units, while Asia and Buses segments show growth.
UK's Electric Vehicle Revolution: March Sees Record 12.4% Surge in Car Registrations
In March, the UK witnessed a 12.4% surge in car registrations, with electric vehicles leading the charge. Diesel and petrol cars declined, while BEVs, PHEVs, and HEVs saw significa...
Trump's 25% Tariff on European Cars Sparks Market Turmoil and Share Price Plunge
European carmakers experienced a sharp decline in share prices after US President Donald Trump imposed a 25% tariff on non-North American made cars, sparking warnings from the ACEA...
European Auto Giants Face Stock Plunge as Trump Imposes Heavy Tariffs on Imports
European car manufacturers saw their shares decline after US President Trump imposed a 25% tariff on non-US made cars, raising concerns over global market impacts and potential eff...
Ferrari CEO Vigna Announces Readiness for US Auto Tariffs Amid Trump's Announcement
Ferrari CEO Benedetto Vigna discusses the company's readiness for US auto tariffs, emphasizing strategic countermeasures and a watchful approach to market changes. President Trump'...
Ashok Leyland's Q3 Profits Surge by 31% Thanks to Robust Export Growth
Ashok Leyland's Q3 net profit soared by 31% to Rs 762 crore, driven by a 33% increase in export volumes. The company shipped 4,151 units internationally, up from 3,128 units last y...
JSW Group Eyes Increased Stake in MG India Through Everstone Capital Buyout
JSW Group is in advanced talks to acquire Everstone Capital's 8% stake in MG India, aiming to increase its stake and strengthen its position in the automotive sector. The deal focu...
UK Car Sales Surge in 2024, Yet Electric Vehicle Goals Remain Unmet
In 2024, UK new car registrations increased by 2.6%, reaching 1.95 million units. However, electric vehicle sales did not meet the government's 22% target, achieving only 19.6% mar...
Meloni: Italy's Government to Stay Neutral in Stellantis Leadership Talks
Italian Prime Minister Giorgia Meloni stated on Monday that the government does not want to engage in the ongoing management changes at Stellantis NV as the carmaker announced the ...
