Honda, Nissan strengthen full-year guidance as global demand picks up
9th Feb 2021 11:37
(Sharecast News) - Japanese car makers Nissan and Honda strengthened their full-year forecasts on Tuesday, supported in part by improving demand from China.
Read moreSunday newspaper round-up: AstraZeneca, Boxing Day, Britain's economy
27th Dec 2020 12:39
(Sharecast News) - The chief executive of AstraZeneca has raised hopes its vaccine with Oxford is more effective than first thought amid the rapid spread of the new UK virus strain across the globe. Pascal Soriot said he believed researchers had found the "winning formula" using two doses and promised to publish the results as reports suggested the UK regulator could approve the jab within days. - Sunday Telegraph
Read moreSMMT warns of 'severe' blow to UK auto industry from no-deal Brexit
24th Nov 2020 15:56
(Sharecast News) - Britain and Europe's automobile industry could yet be dealt another severe blow if Brussels and London cannot reach a Brexit deal and weaken the sector's ability to keep pace with the revolution towards green technology, the country's lobby group for the sector said.
Read moreTI Fluid Systems Q3 revenues outperforms light vehicle production volumes
5th Nov 2020 08:46
(Sharecast News) - Fluid storage manufacturer TI Fluid Systems said on Thursday that third-quarter revenues had continued to outperform global light vehicle production volumes.
Read moreUK car production tumbles in June, rounding out worst six months for sector since 1954
30th Jul 2020 09:31
(Sharecast News) - Car production tumbled across the UK in the first half of the year after the sector cut more than 11,000 jobs in the wake of the Covid-19 pandemic.
Read moreNew car registrations fall as UK sector reopens
6th Jul 2020 11:21
(Sharecast News) - The number of new car registrations fell by over a third in June, industry data showed on Monday, as the UK market tentatively restarted.
Read moreThursday broker round-up
25th Jun 2020 14:05
(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.
Read moreEurope open: Stocks advance as lockdowns ease, Merkel mulls fiscal stimulus
2nd Jun 2020 11:19
(Sharecast News) - Optimism around the gradual lifting of lockdowns across the northern hemisphere were feeding market gains on Tuesday, despite ongoing US-China trade tensions and the civil strife in the State.
Read moreTI Fluid to pay dividend after Q1 revenue drop
11th May 2020 07:03
(Sharecast News) - TI Fluid Systems said it would pay its final dividend after Covid-19 customer shutdowns caused revenue to fall 16% in the company's first quarter.
Read moreFord set to reopen European factories
28th Apr 2020 15:19
(Sharecast News) - Carmaker Ford said Tuesday that it expects to reopen its European plants starting Monday with safety measures in place to prevent the coronavirus spread.
Read moreThursday broker round-up
23rd Apr 2020 14:04
(Sharecast News) - Hargreaves Lansdown: Deutsche Bank downgrades to sell with a target price of 1,325p.
Read moreSunday newspaper round-up: Tesco, Parliament, Jaguar Land Rover
12th Apr 2020 12:53
(Sharecast News) - Property consultant Altus calculates that, of the £11bn in business rates relief granted in England, about £3bn will go to food retailers. A bailout package meant to prop up businesses facing closure is filling the supermarkets' coffers even as they enjoy record sales. Tensions were raised last week when Tesco, the biggest beneficiary, said it would pay a final dividend of £635m for 2019-20, about 15% higher than the City had expected. Chief executive Dave Lewis reminded critics that it related to performance before the virus drove food-buyers to the supermarkets. He also said that measures to keep Tesco running during the crisis would result in extra costs of £650m-£925m. - Sunday Times
Read moreGlobal car industry revenue hit $100bn by pandemic
6th Apr 2020 10:42
(Sharecast News) - The Covid-19 coronavirus is severely impacting consumer and business behaviour and threatens to erase around $100bn in global full-year revenues from the automotive industry with UK car sales having already fallen 44.4% in the key month of March.
Read moreTuesday broker round-up
17th Mar 2020 13:00
(Sharecast News) - Ti Fluid Systems: Citigroup downgrades to neutral with a target price of 140p.
Read moreTI Fluid Systems sees revenues, profits slow
17th Mar 2020 09:00
(Sharecast News) - TI Fluid Systems saw revenues and profits slip last year, as it warned of uncertain times ahead because of the coronavirus outbreak.
Read more