No Data
Jaguar Land Rover has suspended shipments to the USA due to tariff issues.
UK Auto Manufacturer Jaguar Land Rover has announced that it will suspend shipments to the USA for a month in order to deal with the "new trade terms" arising from the 25% tariffs imposed by President Trump. According to information from Jaguar Land Rover's official website, the company, which is owned by India's Tata Motors, has over 200 Dealers in the USA. A spokesperson for Jaguar Land Rover stated: "The USA is an important market for Jaguar Land Rover's luxury brands. As we work with our business partners to address the new trade terms, we are taking short-term measures, including suspending shipments in April, while we are also developing mid- to long-term plans."
Deluxe (NYSE:DLX Shareholders Incur Further Losses as Stock Declines 7.4% This Week, Taking Five-year Losses to 35%
Zhao Zheng International: Downgraded ZHONGSHENG HLDG's profit forecast for this and next year, with the Target Price lowered to 24 HKD.
China Merchants International released a Research Report stating that ZHONGSHENG HLDG (00881) remains the most competitive company in China's Autos aftermarket. Based on its potential for large-scale integration of the aftermarket, there is an opportunity to gain more market share from weaker brands during the adjustment period of new car business and actively adjust brand structure for synchronized development with new forces. The institution estimates that ZHONGSHENG will have strong resilience in its aftermarket business this year, supporting steady growth in performance; however, short-term competition among luxury brands remains fierce, affecting the gross margin of new cars. The institution has lowered its profit forecast for the stock by 8% for this year and next, and has reduced the Target Price from 30 Hong Kong dollars to 24 Hong Kong dollars, with the target PE ratio adjusted from 15 times to 12.8 times.
Citi: Raises ZHONGSHENG HLDG Target Price to HKD 23.31, rating 'Buy.'
Citi released a Research Report stating that it has adjusted the Target Price for ZHONGSHENG HLDG (00881) from HKD 23.25 to HKD 23.31, with a rating of "Buy." The bank expects multiple growth drivers for the group, including a compound annual growth rate of 8 to 10% for sales revenue due to market consolidation between 2025 and 2027; the gross margin for new car sales of the Aito brand will stabilize between 4.5% and 7% within the next 12 months, with an estimated sales volume of about 0.04 million vehicles this year; and the existing German brands and luxury Japanese brands' new car sales gross margin may have bottomed out last year.
Zhao Changjiang was criticized by a Tengshi car owner for not knowing how to market? The person responded!
Sina Technology reported on March 31 that recently, on social media, a Consumer questioned why Tengshi is not engaging in marketing, stating, "It's a pretty good car, but it's not selling well; what's the problem?" In response, Zhao Changjiang, General Manager of the Tengshi Sales Department, stated, "Not every car needs to sell in huge quantities; we are positioned as a luxury brand." Another Consumer suggested, "Tengshi's debut 140-speed tire burst stabilization; both front and rear wheels can handle it, but you don't mention it at all." To this, Zhao Changjiang replied, "Low profile." However, this series of statements did not satisfy Tencent vehicle owners: "Is it a funeral celebration? Can't sell products and yet still take pride in being a luxury brand."
CITIC: Maintain YONGDA AUTO "Outperform Industry" rating and raise the Target Price to 3.00 Hong Kong dollars.
CICC released a Research Report stating that it maintains YONGDA AUTO (03669) 2025 Net income approximately unchanged, and introduces 2026 Net income of 0.462 billion yuan for the first time. The current stock price corresponds to a PE of 13.4 times for 2025 and 10.1 times for 2026, maintaining an outperform rating in the Industry. Due to the sector's valuation being elevated and the company's rich matrix of Electric Vehicles models, it has raised the Target Price by 29.9% to 3.00 HKD, corresponding to a PE of 15.0 times for 2025 and 11.4 times for 2026, with 2024 performance meeting the bank's expectations. CICC's main viewpoints are as follows: 2024 performance meets the bank's expectations.
Getting In Cheap On Deluxe Corporation (NYSE:DLX) Might Be Difficult
