Sector Automobiles & Auto Components - Latest news, views and updates

SECTOR | 20 Jun 2025

FIFA Club World Cup: Messi's free kick hands Inter Miami 2-1 win over Porto

Business Standard

Lionel Messi scored his first goal of the expanded Club World Cup on an exquisite free kick, lifting Inter Miami to a 2-1 victory over two-time European champion Porto. The Herons trailed 1-0 at the break, but Telasco Segovia tied it two minutes into the second half off a cross into the box from Marcelo Weigandt. Then it was time for the 37-year-old Argentinian to add a trademark goal to a resume that already assures he'll go down as one of the game's greatest stars. Samu Omorodion scored on a penalty kick in the opening minutes after a video review for the Portuguese club's first goal of the tournament. Both teams were held to scoreless draws in their opening Group A matches. Key moment ========= Messi was taken down just outside the penalty area by Rodrigo Mora on a run down the middle of the field. The crowd at Mercedes-Benz Stadium was chanting "Messi!" Messi! Messi!" before his left-footed blast cleared the Porto wall and ripped the net in the top right corner in the 54th .

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 18 Jun 2025

Ferrari delays second EV model as demand slows

Economic Times

Ferrari has postponed its second electric vehicle. The original plan was to release it in 2026. Now, it is expected no sooner than 2028. This delay is due to low demand for high-performance luxury EVs. Ferrari will unveil its first EV in stages, starting October. Customer deliveries are expected in October 2026.

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 17 Jun 2025

Renault's CEO search includes insider Le Vot, Stellantis' Picat: Analysts

Business Standard

Renault shares fell as much as 8 per cent on Monday, their biggest one-day percentage drop since February 2022, as investors worried about the company's future without de Meo at the helm

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 17 Jun 2025

FIFA Club World Cup 2025: Chelsea vs LAFC live match time, streaming

Business Standard

The FIFA Club World Cup match between Chelsea and LAFC will take place at Mercedes-Benz Stadium, Atlanta, USA

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 16 Jun 2025

Mercedes not interested to participate in Centre's scheme to promote manufacturing of electric cars

Business Line

Skoda-Volkswagen, Hyundai still studying the details of the scheme

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 16 Jun 2025

Diplomatic, commercial discussions with China on rare earth supplies to yield results'

Business Line

Govt facilitating discussions between SIAM, ACMA and their counterparts in China, says Commerce Secretary

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 16 Jun 2025

Mercedes-Benz to increase price of cars by 1.5 per cent from Sept due to forex fluctuations

Business Line

Mercedes-Benz is also pursuing a go to customer' strategy by debuting in new markets and new emerging mini-metros.

BP Wealth released a Sector Update report for Automobiles & Auto Components on 03 Jul, 2025.

Automobiles & Auto Components

SECTOR | 16 Jun 2025

Canadian GP drama: Russell wins, McLarens tangle, verstappen Second

Business Standard

George Russell won his first race of the Formula 1 season as the Mercedes driver held off defending race winner Max Verstappen at the Canadian Grand Prix. It was the fourth victory of Russell's career, and the race ended under yellow when McLaren teammates Oscar Piastri and Lando Norris staged a wheel-to-wheel late battle that ended with Norris hitting the wall. It's amazing to be back on the top step, Russell said. I felt last year was a victory lost, so to get the victory and see (teammate) Kimi (Antonelli) on the podium, too, is an amazing day for the team. I think it shows the strength of our cars in the cooler conditions, so let's see in the coming races. Russell started on pole for the second consecutive year in Montreal and held the advantage for most of the race at Circuit Gilles Villeneuve. The British driver became the fourth race winner this year, joining points leader leader Piastri, Norris and Verstappen, the four-time reigning F1 champion. Verstappen, who has one mor