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What Does Deluxe Corporation's (NYSE:DLX) Share Price Indicate?
The Tengshi brand officially enters Europe, and it is expected to enter dozens of European countries within two years.
Sina Technology reported on April 10 that Denza held a brand launch event in Milan, Italy, marking the official entry of the Denza brand into Europe. As an official partner for the significant event Fuorisalone during the 2025 Milan Design Week and the Brera Design District, Denza showcased its flagship model, the Z9GT, defining luxury travel through technology. BYD Executive Vice President Li Ke, BYD Executive Vice President and Chief Scientist Lian Yubo, and BYD Global Design Director Wolfgang Egger attended the launch event together. Li Ke stated: "We are very proud that Denza..."
Porsche's global delivery volume decreased by 8% in the first quarter, with sales in China dropping by 42%.
The German luxury sports car manufacturer Porsche announced on Tuesday that its Global auto deliveries in the first quarter fell by 8% year-on-year to 71,470 units, impacted by declining demand in China and Europe. Specifically, deliveries in the Chinese market dropped by 42% year-on-year, while deliveries in Europe fell by 10%. In the German domestic market, deliveries decreased by 34% to 7,495 units. However, deliveries in the North American market grew by 37% to 20,698 units, partly due to delays related to imports for some models at the same time last year. A day earlier, the German Auto Manufacturers Mercedes-Benz also stated that it was affected by the decline in the Chinese market.
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.
Getting In Cheap On Deluxe Corporation (NYSE:DLX) Might Be Difficult
