Europe's auto market growth is weak, with new car registrations in October increasing by only 0.1%.

Data released by the Association of European Auto Manufacturers on Thursday shows that new car registrations in October only achieved a slight increase of 0.1%, reaching a total of 1.04 million vehicles.

Zhitong FinanceNov 21 01:57 ET

In the first 10 months of this year, electric car sales in the European Union fell by 4.9%, with German sales dropping by nearly 27%.

In October, passenger vehicle registrations in the European Union increased slightly, with strong growth in Germany and Spain overshadowing the decline in the French and Italian car markets. Data released on Thursday by the European Automobile Manufacturers' Association (ACEA) showed a 1.1% year-on-year increase in new car registrations in the EU in October, to 866,397 units, while September and August declined by 6.1% and 18% respectively. Acea said that the registration volume in the German car market, long seen as a leader in the EU car market, increased by 6%, while Spain grew by 7.2%. Meanwhile, sales in France and Italy fell by 11% and 9.1% respectively.

Global market reportNov 21 01:05 ET

BMW Group Malaysia Advances EV Assembly Plans With Govt Collaboration

Business TodayNov 20 02:39 ET

ubs group: maintains zhongsheng hldg "sell" rating, target price raised to 9.4 HKD.

UBS Group released a research report stating it maintains the "sell" rating for Zhongsheng HLDG (00881). After the related global strategy was announced, the stock price increased by about 40% or an additional 12 billion yuan in market cap. It believes that the market has given an overly high valuation to AITO stores, raising the target price for Zhongsheng from 8.2 HKD to 9.4 HKD. The report stated that Zhongsheng signed a strategic cooperation agreement with Chongqing Sokon Industry Group Stock (601127.SH) to operate Huawei AITO specialized stores under an authorized distribution model, with plans to begin operations in January next year. Management guidance indicated a commission rate of 4.5% for the Aito vehicles, and the company will also provide related after-sales, auto finance, and insurance services.

Sina Hong Kong StocksNov 19 02:08 ET

BMW showcases advanced muscle intelligence.

The combination of asia vets and driving pleasure.

wallstreetcnNov 18 08:13 ET

Expected Winners of Trump's Victory – Financials, Oil, Software, Eastern Europe Banks, Crypto

Seeking AlphaNov 6 12:19 ET