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...BCG’s total revenues climbed just 5 per cent in 2023 to $12.3bn, the firm’s weakest growth in at least seven years....
...Another heavily-traded company that until recently was a penny stock is Mullen Automotive....
...The people with knowledge of Tesla’s plans said it would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat...
...Total investments there amounted to €4.1bn, or 30 per cent higher than the previous year and up 70 per cent from 2019....
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...Rivian, which employs 16,700 hourly and salaried workers combined, declined to give the total number of employees affected....
...Look at the company’s spending decisions and it seems as if everything is targeted towards addressing the 13 per cent drop in automotive revenues....
...The automotive chip market was worth about $19bn in 2022, according to Arm, or about 10 per cent of its $200bn total addressable market....
...Excluding the effects of regulatory credits, the gross margin from its automotive unit — a closely watched measure of its core operations — fell to 16.4 per cent for the quarter, down from 19 per cent a...
...Outside of the US, China is both Apple and Tesla’s single-largest market, respectively contributing 19 per cent and 22 per cent of total revenues during their most recent fiscal years....
...Total numbers are still a tad below pre-Covid 2019 at 4,460 in the private sector, according to fitness market data specialist Leisure DB, with 7mn members....
...Credit cards accounted for less than 5 per cent of total sales at the three companies in 2022....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
...In the last quarter, US chip designer Nvidia revealed that revenue from its automotive business fell 4 per cent year over year. In some regards, Apple had the right idea....
...ESG sales represented 16 per cent of total ETF inflows during the quarter, compared with 29 per cent in the previous period, the research found....
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
...Ansys, which has headquarters in Pennsylvania and has its origins in structural analysis tools, makes engineering simulation software used in industries from automotive and construction to healthcare and...
...The purchase was done in stages, with Berkshire initially buying a 38.6 per cent interest in 2017 for $2.8bn before spending a further $8.2bn last year for another 41.4 per cent, boosting its total stake...
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...Handler said on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...Stellantis wants to sell a total of 5mn EVs a year by the end of the decade. In the first half of 2023, it sold 170,000....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...However, Netflix said on Thursday that from next year it would stop revealing its total number of subscribers, a metric that has been a crucial benchmark for investors in the streaming era....
...Baidu is also seeking regulatory approval to introduce its next robotaxi iteration with no steering wheel, paving the way for a total interior redesign....
...More than 15 per cent of its total sales, or $100bn, came from online channels in its past fiscal year, compared with $10bn a decade ago....
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