Hints and tips:
Related Special Reports
...CarStore was opened before the pandemic, with a model based on turning over a steady stream of low-margin used vehicles in large warehouses, facilitated by an abundance of used cars for sale....
...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
...Indian steelmaker JSW last month launched a $1.5bn tie-up with China’s SAIC Motor to build and sell EVs in India....
...Corporate results: Japan’s Nidec Corporation, which manufactures the electric motors used in hard-disk drives, China Tourism Group and Ping An Insurance Group announce quarterly results....
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare, while premiums from general insurance such as car insurance also grew....
...Hyundai Motors share price rose after announcing its fourth quarter results on Thursday, despite missing operating profit estimates....
...Unlike rivals that battled a slowdown in sales growth last year, JLR — which accounts for about two-thirds of its parent’s sales — posted a 22 per cent rise in sales during the quarter....
...The retail control group, which excludes building materials, motor vehicle parts and petrol sales, was flat, missing analyst expectations for a 0.4 per cent gain....
...Just last week, on the heels of its solid-state factory tour, Nissan cut its full-year sales and operating profit forecasts, knocking its shares....
...Both Japanese carmakers, which each sell about 4mn vehicles a year globally, were caught off-guard by the rise of China’s homegrown EV groups, while Nissan missed out on a boom in hybrid vehicles sales in...
...The sinking sales will be a blow to investors who bought into Eurowag’s growth story....
...Shares in Li Auto dropped 6.1 per cent after the company announced new price cuts across its line-up on Monday morning in an effort to boost slowing sales growth....
...US new home sales: Economists have forecast that sales of new homes in the US increased in March to an annualised pace of 670,000 units, up from 662,000 in February....
...The world of used-car sales gets a bad rap. A UK regulatory review into motor finance commissions extends that stigma to the sector’s lenders....
...They pushed global group sales, including subsidiaries Daihatsu Motor and Hino Motors, up 7 per cent to a record 11.2mn cars last year, the company said on Tuesday. Output grew 9 per cent to 11.5mn....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Lee said he expected luxury car sales to slow further because the green plates would attract negative attention....
...Corporate earnings: Japan’s Mitsubishi, Nintendo and Toyota Motor and China’s Semiconductor Manufacturing International Corporation report results....
...However, dealers’ commissions were widely calculated as a percentage of the total interest a consumer was charged, meaning they had an incentive to secure sales at higher rates....
...Panuwat, for his part, says his purchase of Incyte shares had nothing to do with the sale of Medivation, where he was in the middle of deal discussions....
...In the third quarter, hybrid sales increased 47 per cent year on year to 951,000, as total vehicle sales rose 10 per cent....
...In 2019, the last year before the pandemic, Bentley made €65mn of profit on sales of 11,000 cars and revenues of €2bn....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...Shares in Nissan Motor tumbled as much as 11.7 per cent on Friday as investors digested disappointing third-quarter results for the Japanese carmaker....
International Edition