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2 mins read
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. Th…
4 mins read
Luxury European automakers are getting crushed in China
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid r…
Tom Carter
4 mins read
Trump's tariffs will make it hard for automakers — including Tesla — to set up shop in Mexico
Donald Trump's idea of imposing 200%-plus tariffs on vehicles imported from Mexico could throw the …
Tom Carter
2 mins read
PM Modi asks automakers to bring global best practices to India, focus on clean mobility
The prime minister said the road ahead demands that the country's progress is rapid, while also bei…
PTI
2 mins read
A Chinese automaker has taken over Russian plants abandoned by Volkswagen and Mercedes
Chery's expansion into Russia highlights growing ties between Moscow and Beijing.
Filip De Mott
2 mins read
September Auto sales – Automakers report a decline, Mahindra and Mahindra overtakes Tata Motors
The Indian passenger vehicles segment reported a decline in sales for the third consecutive month i…
2 mins read
Automakers will find themselves in a 'big trap' if the transition toward EVs slows down, Stellantis CEO says
Carlos Tavares said automakers will have to wrestle with higher costs as they have to invest in bot…
Kwan Wei Kevin Tan
2 mins read
Tesla earnings have reinvigorated investors but some growth drivers look 'unsustainable,' JPMorgan says
Tesla closed 22% higher on Thursday in its best day in over a decade, but analysts at JPMorgan say …
Kelly Cloonan
1 min read
Elon Musk added over $30 billion to his net worth in a day on Tesla's post-earnings stock surge
Thursday's surge in Tesla stock solidifies Musk's position as the world's richest person with a tot…
Matthew Fox
2 mins read
Stock market today: S&P 500 snaps 3-day losing streak as Tesla surges 22%
The S&P 500 ended higher for the first time this week as Tesla surged 21% after posting a strong ea…
Kelly Cloonan
2 mins read
Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024
The month of July 2024 could have been better for automakers, with most companies reporting a decli…
5 mins read
Tesla's earnings report will include refocusing on its car business, and it comes as competition heats up
GM's recent success puts pressure on Tesla as it fights to maintain its EV dominance ahead of today…
Dan DeFrancesco
2 mins read
Hyundai Motor India lists at a 1.3% discount, continuing the trend of big IPOs making a bad debut
Hyundai Motor India, which recently wrapped up the country’s biggest IPOs listed at a discount. The…
3 mins read
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
2 mins read
Hyundai IPO allotment – How to check allotment, IPO GMP, listing date and more
Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai Motor Company is expe…
3 mins read
One of Rusisa's biggest automakers said it's struggling under Western sanctions after frontline complaints that its vehicles are falling apart
A former top official complained of constant leaks, a gearshift lever falling off, unusually low mi…
Matthew Loh
2 mins read
Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation
The S&P 500 ended at a record high on Friday, representing the index's 45th record closing high thi…
Matthew Fox
2 mins read
Tesla stock drops 10% after Wall Street sees robotaxi event 'stunningly absent on detail'
"Waymo is now hosting 100k rides per week in major cities, so we expect more from TSLA's demo," Wel…
Matthew Fox
2 mins read
Stock market today: US stocks edge up after wholesale inflation comes in cool
"CPI might have seemed hot, but PPI was not. Overall, these numbers are getting less impactful as i…
Matthew Fox
2 mins read
The EU just made Chinese EVs a lot more expensive — and created a new threat for European automakers
The EU's decision to impose far higher tariffs on imported Chinese EVs seeks to safeguard European …