Wednesday, November 5, 2025
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Autos

BMW boosts third-quarter profit margin for cars as EV investments

Group earnings before interest and tax were in line with expectations at 2.3 billion euros ($2.68 billion), up by a third year-on-year following a weak performance in the third quarter of 2024 when brake issues hit sales. Read More

Ferrari beats Q3 profit forecast on strong pricing, personalisations

Ferrari said earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to 670 million euros ($781 million) in the July-September period. Read More

Tesla’s UK car sales halve in October, New Automotive data shows

The company said it will partially resume some manufacturing operations earlier in October. Read More

Stellantis recalls 375,000 Jeep SUVs over fire risks, urges owners to park outside

An investigation by Stellantis and Samsung SDI determined that a fire earlier this year was caused by the same defect reported in the 2024 recall of 154,000 plug-in hybrid Jeep EVs after reports of two injuries. Read More

Buyers of Chinese BYD EVs demand release of their cars held by Sri Lankan customs

He said each buyer also invested 450,000 Sri Lankan rupees for solar panels and another 150,000 Sri Lankan rupees for home charging units. Read More

Small cars to drive 10% growth in H2 for Maruti Suzuki; 50% market share target by FY31, says RC Bhargava

Maruti Suzuki Chairman RC Bhargava expects 10% growth in small cars in H2 FY25, with strong demand in the 18% GST category driving overall performance. Read More