Tag: Automotive

India-UK FTA welcome switch; not so much bearing on automotive prices: Mercedes-Benz, BMW

Mercedes-Benz and BMW have termed the India-UK free commerce settlement (FTA) a optimistic enchancment whereas noting that it won't have so much bearing on the prices of luxurious cars throughout the nation. Closing week,...

Renault opens new automotive design centre in Chennai

Laurens van den Acker, Chief Design Officer, Renault Group and M Venkatram, Nation CEO and MD, Renault India on the revealing of a sculpture model designed by the Renault Design workers, on the...

Dutch chipmaker NXP agrees to purchase TTTech Auto, a Vienna-based automotive security software program supplier, for $625M in money, aiming to spice up its...

Toby Sterling / Reuters: Dutch chipmaker NXP agrees to purchase TTTech Auto, a Vienna-based automotive security software program supplier, for $625M in money, aiming to spice up its automotive operations  —  Dutch laptop...

BMW’s annual automotive margin barely beneath expectations, cuts dividend By Reuters

© Reuters. FILE PHOTO: The emblem of German automaker BMW is seen in Brussels, Belgium June 1, 2023. REUTERS/Yves Herman/FILE PHOTO (Corrects to learn "in 2023" (not "within the quarter"), paragraph 2) (Reuters) -...

Vijay Kedia trims stakes in smallcap Talbros Automotive, one other multibagger inventory

Ace investor Vijay Kedia has trimmed stakes in two smallcap shares — Elecon Engineering and Talbros Automotive Elements — within the quarter ended December 31, 2023. The partial stake sale comes on the...

Polestar Automotive good points after reporting 50% deliveries progress for Q3

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) reported on Thursday that it delivered roughly 13,900 autos in Q3. The deliveries tally was 50% increased than the mark from a 12 months in...

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