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Land Rover sales slowdown makes for smaller Tata Motors profit


Tata Motors, India’s largest carmaker and the parent company of British automaker Jaguar Land Rover saw its quarterly profit missing analyst estimates. The Mumbai-based company reported that because its Jaguar Land Rover unit had a slower delivery growth rate, net income dropped 7% to 32.9 billion rupees ($533 million) in the quarter ended September 30. Accordingly, the posted financial result compares ...
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Tesla’s quarter impacted positively by California’s ZEV credits
Tesla Motors, as an automaker that only builds electric cars, has a great advantage in its home state of California, which asks carmakers to achieve a minimum amount of zero ...
Toyota sees great first half fiscal year profit, but faces hurdles ahead
Toyota is on track to remain the world’s largest automaker in terms of sales and has decided that it shouldn’t give up the position when it comes to earnings as ...
Tesla announces third-quarter loss but the stock rises on future promises
The California-based electric car company had an adjusted profit of 2 cents per share, but the company still posted a $75 million net loss and decided to trim down its ...
Chrysler reports third-quarter profit on the rise
Fiat Chrysler Automobiles has reasons to be proud of its American unit Chrysler Group LLC, which announced its third-quarter net income jumped 32% to $611 million and decided to stick ...
Continental AG says it’s ready to embrace emerging auto trends
German auto supplier Continental AG has decided to be optimistic and announced its forecast for next year sees growing profitability and sales thanks to increased world demand for cars. The parts ...
BMW quietly lowers full-year sales outlook
BMW AG, the world’s largest premium carmaker has just announced an analyst expectations beating operating profit for the year’s third quarter. Still, the automaker has also silently decreased its forecast ...
Audi’s third quarter profit slips due to increased investments
Audi, one of the key drivers of profit for the German automaker Volkswagen AG, failed to impress during the third-quarter, as profitability took a hit because of increased investment spending. The ...
BMW’s third-quarter sales increase lags Audi and Mercedes-Benz
BMW AG, the world’s largest producer of luxury vehicles managed to beat analyst estimates when it reported third-quarter profit, buoyed by increased demand for the recently redesigned full-size X5 SUV. On ...
Nissan sees quarterly profit on the rise thanks to low yen
The company, Japan’s second-largest automaker and an automaker involved in a deep alliance with France’s Renault, said its quarterly profit rose above estimates thanks to an export boost provided by ...

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