* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, September 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Top Technology Executives Recognized at the 2025 Carolina CIO ORBIE Awards – Yahoo Finance

    Celebrating Excellence: Top Technology Executives Honored at the 2025 Carolina CIO ORBIE Awards

    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Top Technology Executives Recognized at the 2025 Carolina CIO ORBIE Awards – Yahoo Finance

    Celebrating Excellence: Top Technology Executives Honored at the 2025 Carolina CIO ORBIE Awards

    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Asian auto giants Toyota and Tata thrive on hybrid boom

May 7, 2024
in Business
Asian auto giants Toyota and Tata thrive on hybrid boom
Share on FacebookShare on Twitter

Major Asian automakers like Toyota Motor Corp. and Tata Motors Ltd. are poised for earnings growth amidst a burgeoning global market for hybrid electric vehicles. Toyota’s rapid profit surge, driven by North American and European recovery, highlights this trend. With subsidies for EVs waning, hybrid models gain traction, prompting strategic moves like Tata’s business separation. Meanwhile, financial institutions such as OCBC and UOB anticipate varied performance amidst shifting market dynamics and strategic manoeuvres.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

By Harshita Swaminathan, Reina Sasaki, Justina T. Lee and Rachel Yeo

A rapidly-growing, global market for hybrid electric vehicles should power earnings at major Asian automakers including Japan’s Toyota Motor Corp. and India’s Tata Motors Ltd. 

Toyota’s annual operating profit growth was probably the fastest since at least 2013, led by recovery in North America and Europe. Japanese carmakers saw higher North America sales, which could continue in 2024 as US consumers opt for budget-friendly options.

With fading subsidies for EVs denting demand globally, hybrid models are proving popular. That prompted Tata to separate its luxury and electric cars business from commercial vehicles, a move viewed as unlocking shareholder value. Indian Transport Minister Nitin Gadkari also told local news agency PTI of his proposal to cut taxes on hybrid cars to boost adoption. 

Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. are due after DBS Group Holdings Ltd. Chief Executive Officer Piyush Gupta presented earnings that beat estimates and predicted another record year for Singapore’s biggest bank. 

In India, Kotak Mahindra Bank Ltd. delivered better-than-expected fourth-quarter results over the weekend. The bank will focus on cross-selling products to existing customers after the central bank banned it from taking on new customers online. Australia’s Westpac Banking Corp. cushioned the blow of a profit decline by paying special dividend and increasing its buyback program by A$1 billion.

Highlights to look out for: 

Tuesday: Nintendo’s (7974 JP) fiscal-year profit likely returned to growth, consensus shows, supported by a weaker yen, BI said. The Japanese gaming console maker meeting 2025 profit estimates hinges on the release of the Switch 2, which remains unconfirmed, BI added. 

Wednesday: Toyota Motor’s (7203 JP) operating profit probably surged 87% to a record in the fiscal year, with a sharp recovery in North America and earnings from Europe surging sixfold from a year earlier, consensus shows. Fourth-quarter profit may exceed its target despite output cuts following certification controversies at Daihatsu and Toyota Industries, BI said. It may give muted guidance for fiscal 2025 as it reexamines operations on the heels of the scandals at affiliates.

Hero MotoCorp (HMCL IN) may post double-digit revenue growth for a second straight year, estimates show, with higher volume and average selling prices. Its Ebitda could expand on an improved product mix and stable raw material prices, analysts at Prabhudas Lilladher said.
UOB (UOB SP) could see weaker profit growth in the first quarter, with margin pressure limiting revenue gains, said BI. Weak loan growth probably held back net interest income. The integration of Citigroup’s retail business in Malaysia, Thailand, Vietnam and Indonesia will boost its deposit base, loan book and wealth business, BI added.

Thursday: Nissan (7201 JP) said last month that full-year operating profit came in 15% lower than it had forecast in February, with unit sales also missing its earlier guidance. Intensifying competition, slower-than-expected sales and cost-relief measures extended to suppliers held back its fourth-quarter earnings, BI said.

Friday: Tata Motors (TTMT IN) is expected to say quarterly net income grew by a third, consensus show. Ebitda could also improve with consistent performance and higher volumes for its Jaguar Land Rover segment, analysts said. Watch for more details on its plan to split the passenger and commercial vehicles business into two listed companies, a move aimed at unlocking the value of its electric vehicles and the JLR unit. 

Honda’s (7267 JP) fiscal-year operating profit probably surged 69%, estimates show. That was helped by robust auto sales in the US and Japan, a better pricing and mix, easing input costs and a weak yen, said BI. It’s also spending $11 billion to improve its EV supply chain infrastructure in Canada to meet growing long-term demand in the region.
OCBC’s (OCBC SP) first-quarter earnings might surprise on the upside, helped by lower provisions and better trading income, Maybank analyst Thilan Wickramasinghe said in a note.

Read also:

Distracted driving: Hands-free doesn’t mean risk-free
Ford Puma: The new entry point to Blue Oval motoring
The Porsche Cayenne S: A pinnacle of SUV performance and luxury

© 2024 Bloomberg L.P.

Visited 36 times, 36 visit(s) today

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/motoring/2024/05/06/toyota-and-tata-thrive-hybrid-boom

Tags: AsianbusinessGiants
Previous Post

There’s a reason Gen Z is frustrated with America: Jonathan Levin

Next Post

Bagraim: ANC’s ‘existential’ threat to estate agents via BEE ownership an election ploy, unconstitutional

Noah Lyles is king again after storming to another 200m world championship crown – ESPN

Noah Lyles Reigns Supreme with Another Stunning 200m World Championship Victory

September 21, 2025
Ian Bremmer: Russian economy would ‘collapse’ if oil purchases stopped – Fox Business

Ian Bremmer Warns: Russian Economy Faces Potential Collapse Without Oil Revenue

September 21, 2025
Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

September 21, 2025
Josh Shapiro says Harris is ‘going to have to answer’ for why she never raised concerns over Biden’s health – Fox News

Josh Shapiro Urgently Calls on Harris to Explain Silence Over Biden’s Health Questions

September 21, 2025

Minnehaha Republicans grapple with political divide while mourning Charlie Kirk – Argus Leader

September 21, 2025

Physicists Propose a ‘Neutrino Laser’ Straight Out of Science Fiction – ScienceAlert

September 20, 2025
Petrichor, the Smell of Rain, Has A Lot of Science Behind It – Discover Magazine

Petrichor, the Smell of Rain, Has A Lot of Science Behind It – Discover Magazine

September 20, 2025
Equity Lifestyle Properties, Inc. (NYSE:ELS) Receives Average Rating of “Moderate Buy” from Brokerages – MarketBeat

Equity Lifestyle Properties Earns “Moderate Buy” Consensus from Top Brokerages

September 20, 2025
Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

September 20, 2025
Cincinnati Reds star Elly De La Cruz breaking out just in time? – Yahoo Sports

Is Cincinnati Reds Star Elly De La Cruz Poised for a Breakout?

September 20, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (828)
  • Economy (849)
  • Entertainment (21,728)
  • General (17,150)
  • Health (9,892)
  • Lifestyle (861)
  • News (22,149)
  • People (852)
  • Politics (859)
  • Science (16,059)
  • Sports (21,348)
  • Technology (15,831)
  • World (833)

Recent News

Noah Lyles is king again after storming to another 200m world championship crown – ESPN

Noah Lyles Reigns Supreme with Another Stunning 200m World Championship Victory

September 21, 2025
Ian Bremmer: Russian economy would ‘collapse’ if oil purchases stopped – Fox Business

Ian Bremmer Warns: Russian Economy Faces Potential Collapse Without Oil Revenue

September 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version