Latest news and updates from the Consumer Durables sector.
Nissan Motor subsidiary JATCO has scrapped its plan to make electric vehicle (EV) powertrains in Sunderland, Britain, in light of sluggish demand for Nissan's EVs in Europe, the Nikkei business daily reported on Sunday.
I rate the Swatch Group a STRONG BUY, behind the transformative potential of its AP x Swatch 'Royal Pop' collaboration, which may open a new product category altogether. SWGAY already boasts luxury-level gross margins (82%+), but unlocking idle pr...
Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCPK:MGDDF) Q3 2024 Earnings Conference Call October 23, 2024 12:30 PM ET Company Participants Yves Chapot - General Manager and Group Chief Financial Officer Confe...
Richemont reporting solid Q1 results, outperforming peers, even as luxury industry sentiment deteriorates. We have a supportive view thanks to the company's Jewelry category division and higher-than-expected cash. Richemont continues to be one of ...
Cartier owner Richemont's sales failed to budge in the first quarter of its 2025 financial year, delivering another warning sign for the global luxury sector. On an actualised basis, the Swiss global luxury giant's revenues slipped by 1%, down sig...
It's been a bad week for luxury amid a China-led slowdown for Swiss watchmakers and other luxury companies. On Monday, Swatch fell the most in four years as profit fell 70% while Burberry replaced its CEO and issued a profit warning.
Michelin (MGDDF) unveiled a Capital Markets Day outlining key considerations until 2026. Read why I upgrade the stock from hold to buy.
Geely Automobile Holdings (HK:0175) has released an update. Geely Automobile Holdings Limited has announced the composition of its Board of Directo…
Nissan Motor Co (JP:7201) has released an update. Nissan Motor Co. is committed to enhancing corporate governance, prioritizing sustainable busines…
The restaurant held a Michelin star for over 10 years and has been a popular destination for foodies from across the world - not forgetting its huge local following
The oil giant has taken a 10% stake worth £580m in Horse Powertrain - a car engine maker launched by Chinese car maker Geely and France''s Renault.
TOKYO — Honda Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025 as it plans to consolidate its output under the plant it runs in Prachinburi province, the Japanese automaker said on Tuesday. The move highl...
NEW DELHI, July 9: French tyre major Michelin on Tuesday said it has tied up with the Department for Promotion of Industry and Internal Trade (DPIIT) to launch an initiative to promote innovation and entrepreneurship. The AI Startup Challenge, whi...
The European Union (EU) is moving forward with its tariffs on Chinese electric vehicles (EVs). Indeed, as of Friday, July 5, the EU has imposed a tariff of up to 37.6% on EVs imported from China. As Reuters reports, this new policy also includes a...
Nissan Motor Co (JP:7201) has released an update. For further insights into JP:7201 stock, check out TipRanks’ Stock Analysis page.
Geely Automobile Holdings Ltd. plans to launch its first premium electric vehicle in South Korea as early as 2026, joining several Chinese automakers looking to break into a market dominated by Hyundai Motor Co. and sister company Kia Corp. Geely’...
Disclosure Of Trading In Own Shares For June 2024 CLICHY – July 4, 2024 In compliance with general regulation on share buy-backs, SOCIÉTÉ BIC declares below the transactions made on its own shares for June 2024: Date Number of shares Average weigh...
No summary available.
Nissan Motor and Honda Motor are exploring using standardized automotive software and collaborating on electric car charging, according to the Nikkei newspaper on Thursday, both of which might reduce their costs. Nissan and Honda stated in March t...
Chinese electric vehicle manufacturer Nio (NYSE: NIO ) enjoyed a strong outing in the market following a near doubling of vehicle deliveries last month. Adding to the positive sentiment, the broader EV sector has witnessed impressive results. Movi...
Geely Automobile Holdings (HK:0175) has released an update. Geely Automobile Holdings Limited has announced that shareholders who held at least 22,…
Nissan Motor India crosses the milestone of exporting 1.1 million units with the Nissan Magnite leading the sales. Strong demand for Nissan cars made in India drives export growth to key markets. Stay updated on Nissan''s upcoming global SUV launc...
SOCIETE BIC Half-Year liquidity contract statement Clichy, France – July 2, 2024 Under the liquidity contract entered into between SOCIETE BIC and NATIXIS ODDO BHF, the following resources appeared on the liquidity account as of 30 June 2024: 29,8...
US Futures Slide As European Relief Rally Reverses, Oil Hits 2 Month High US equity futures are sliding, reversing all of Monday''s gains and then some, with tech and small-caps stocks underperforming even though bond yields are lower by 2bps ahea...
Geely Automobile Holdings (HK:0175) has released an update. Geely Automobile Holdings Limited, a major player in the auto industry, has confirmed i…
Richemont said on Tuesday that Louis Ferla will replace Cyrille Vigneron as chief executive officer of its Cartier jewellery brand.
Hello, Reader. If you believe in reincarnation, electric vehicle (EV) and EV-related stocks must have done something awful in a prior life. Most of them are suffering a miserable existence on Wall Street these days, and facing a near-term future t...
https://www.investing.com/news/company-news/michelin-share-maintains-buy-rating-on-financial-outlook-93CH-3504192
RIYADH, June 29 (Xinhua) -- Saudi Arabian Oil Company, commonly known as Saudi Aramco, has signed definitive agreements to acquire a 10 percent equity interest in HORSE Powertrain Limited, a global powertrain solutions company formed by Renault Gr...
Geely and Renault will own around 45% each in Horse Powertrain.