Page 22 - Auto Sector News Today

The new restrictions will kick in next month. the controls could affect some consumers. china is home to a big drone manufacturing industry that exports to multiple countries, like the us. beijing said the new move will safeguard national security interests, after criticism that its drones were used in the ukraine war. meanwhile, beijing has unveiled new measures to boost consumption in the worlds second largest economy, targeting areas like real estate and the auto sector. this is as the latest...

The industry. that is an ashton there. speaking of restrictions, china has slapped export controls on certain drone—related equipment, like engines, lasers and anti—drone systems. the new restrictions will kick in next month. the controls could affect some consumers. china is home to a big drone manufacturing industry that exports to multiple countries like the us. beijing said the new move will safeguard national security and interests, after criticism that its drones were used in the ukrai...

Tata Motors is scheduled to announce its financial results for the first quarter of FY 2024 on July 25 and is expected to declare its results post market hours. As per ET Now's research, the company's consolidated net profit for the April-June period is projected to be Rs 2,412 crore., Companies News, Times Now

Quarterly earnings fall from Rs658.2mn to Rs144.96mn on a yearly basis as sales see nearly 90% decline

LAHORE: MG Pakistan – a joint venture between SAIC, the number one Chinese and the sixth-largest global automobile...

​Things can get worse if the US slowdown worsens. Although increasingly, it is looking like they might just be able to get away with a very mild slowdown or a mild recession, in which case we will probably just hover around the bottoms for the time being.

Signs of demand moderation, high interest rates, weak exports and an expected gradual rise in input costs are factors that call for investor caution

Any disappointment in numbers or even meeting of expectation may see profit booking. But who is to complain? Rs 180, Apollo Tyre is 400 plus, MRF is above 1 lakh.

“In terms of index outperformance and underperformance, there are huge deviations and it is coming on the back of the increased breadth and depth in the market, making for volatility. There will be some winners and losers but 12-15% return expectation should always remain as far as equities are concerned even going by historical standards.”

For the government today. the owners of jaguar land rover, tata, has confirmed plans to build its flagship battery plant here in the uk. the new factory in somerset is expected to create 4,000 uk jobs and thousands more in the wider supply chain. tata said it will invest £4 billion. the uk has seen off competition from spain, but at a considerable price. the government is providing subsidies worth hundreds of millions of pounds. heres rishi sunak reacting to the news. this is a fantastic vote o...