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European automaker stocks rose Friday after data showed strong growth in registrations during May, amid a broad market expansion, although sales in the U.K. fell sharply during the month.
The ride hailing service Careem is a Middle Eastern tech success story with a $1 billion valuation.
This crossover model has been a hot-seller over the years.
Tesla announced that its highly anticipated Model 3 will begin production on time next month.
Renault and Peugeot led the European autos sector higher Thursday after data from France's CCFA Automobile Association showed car registrations rising strongly during May.
The new sedan from Hyundai has more power, bettering the chances it will challenge domination of Mercedes E Class and similar-sized sedans.
European stock markets were mixed Friday after occasional spots of positive news proved unable to fully offset the effect of a cocktail of uncertainties dogging investors.
German carmakers were under the cosh again Friday after Der Spiegel reported that President Donald Trump renewed his earlier attack on the industry in a meeting in Brussels
U.K. car sales fell sharply in April, according to data released by the SMMT trade body, although output for the year-to-date remained at its highest level since the year 2000.
European stock markets were mixed Wednesday, with London higher and continental Europe lower, after earnings and litigation news drove a divergence between the region's benchmarks.
The Giulia sedan scores high for exterior beauty, but not terribly high in other luxury categories.
Merkel faced scrutiny this month when she said Germany was likely to miss its target of bringing 1 million electric cars onto the roads by the end of the decade.
European stocks rebounded Friday as investors shook off the pessimism of recent days, with price action supported by both M&A as well as corporate earnings news.
BMW gained Friday after saying it will increase its production capacity in China, the largest car market, six months after losing its crown as the top luxury carmaker to Daimler.
The energy storage industry generated $320 million in revenue last year.
Fiat Chrysler stock drove a pile up in the European auto sector Thursday as investors reacted to speculation of an imminent lawsuit from the Justice Department
European stocks were mixed Tuesday as London's blue chip benchmark set a new record while indices on the Continent were hit by losses at the region's big automakers.
European auto stocks fell Tuesday after industry data showed a pullback in sales last month led by a near 20% collapse in U.K. registrations following changes to vehicle tax rates.
Low expectations offer investors promising opportunities if they know where to look.
Stocks were mixed across Europe as investors responded to the latest raft of corporate earnings while also remaining cautious ahead of the Federal Reserve
China is already the world's biggest market for electric vehicles, making up two-fifths of global sales. That doesn't go far enough by far for Beijing.
Solid sales in the first-quarter have prevented the under-fire carmaker from becoming the worst performer among European autos in 2017
The French carmaker may avoid becoming Europe's worst performing auto firm
From automakers to financials, strong corporate earnings numbers helped to boost major European benchmarks Wednesday, although stocks in Southern Europe fell on concerns over bank capital
Fiat Chrysler beat expectations for sales and earnings in the first quarter, marking a new record for the company
The technology could help the e-commerce giant streamline one of the most crucial steps in its delivery supply chain.
Stability tests indicate at lease 217 mph top speed -- but so far no definite plan to begin production of vehicles.
Mixed auto and retailer earnings were key drivers of price action while geopolitics hung in the background