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Brilliance China’s profit warning impacts BMW shares

Brilliance China’s profit warning impacts BMW shares

Brilliance China Automotive Holdings Ltd, the Chinese partner of BMW AG, delivered a profit warning on Monday, which immediately impacted the shares of the world’s largest premium automaker, BMW AG. The joint venture partner of the German automaker said there is concern from the slowdown in deliveries across the largest […]

Toyota sets eyes on long-term, private investors

Toyota sets eyes on long-term, private investors

The world’s largest automaker, Japan’s Toyota Motor, has recently unveiled plans to finance its research and development through an unusual stock issue that might be entirely avoided by institutional investors. Instead, the company has shun hedge funds and set its eyes on private investors that will accept the long-term view […]

France seeks to increase control over Renault

France seeks to increase control over Renault

In a bid to lift its share ownership to 19.73 percent, the French government has been purchasing more shares in automaker Renault, after a resolution to be introduced at the upcoming annual shareholder meeting might seek to minimize its control over the company. According to the recent declaration of the […]

Tesla shares up on confident tweets from Musk

Tesla shares up on confident tweets from Musk

Elon Musk, the billionaire entrepreneur and co-founder of Tesla Motors is a widely popular and followed social media personality, which means his tweets are usually capable of generating even stock movements. This is exactly what happened recently, when some optimistic comments on Twitter about the electric automaker’s expansion prospects in […]