Tata Motors’ Q3 profit drops 22 pc, EV sales up 19 pc
Mumbai, Jan 29 (IANS) Tata Motors on Wednesday reported a 22 per cent decline in its net profit for the third quarter (Q3) of FY25 at Rs 5,451 crore, down from Rs 7,025 crore in the same period last fiscal. The drop in earnings was primarily due to higher discounts offered to boost sales and […]
South Korea’s unit price of exported cars falls for 1st time in 8 years
Seoul, Jan 26 (IANS) The unit price of South Korea’s exported vehicles last year fell for the first time in eight years amid a prolonged slowdown in electric vehicle (EV) sales, data showed on Sunday. South Korea exported 2.78 million units of cars worth $64.1 billion last year, according to data by the Korea Automobile […]
Battery maker Samsung SDI suffers loss in Q4 on EV slowdown
Seoul, Jan 24 (IANS) Samsung SDI, a South Korean battery maker, said on Friday it swung to a net loss in the fourth quarter from a year earlier due to a slowdown in electric vehicle (EV) sales. In the three months ended on December 31, Samsung SDI shifted to a net loss of 242.7 billion […]
