DES MOINES, Iowa (Reuters) – After years of being part of a future that never quite arrived, the coronavirus pandemic has put U.S. online car sellers on the map. Now comes a race to spend vast sums on digital commerce platforms specifically designed to handle ... More »
PARIS (Reuters) – French carmaker Renault (RENA.PA) on Monday reported a 34.9% drop in worldwide vehicle sales in the first half of the year due to the impact from the new coronavirus outbreak but said it had seen some signs of recovery in June. Sales of its Z... More »
BEIJING (Reuters) – Ford Motor’s (F.N) China ventures reported year-on-year sales growth for June as the world’s biggest auto market continues to recover from coronavirus-induced lows. The U.S. automaker’s Chongqing-based venture with Changan (000625.SZ) said ... More »
STOCKHOLM (Reuters) – H&M (HMb.ST) reported a slightly smaller-than-expected rise in fourth-quarter sales reflecting a later Black Friday this year, the world’s second-biggest fashion retailer said on Monday. Net sales rose 9% to 61.7 billion crowns ($6.41 bil... More »
HANGZHOU, China (Reuters) – Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles’ Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year. The f... More »
(Reuters) – Several carmakers reported a drop in new car sales in the United States in November, hurt by rising car prices and higher interest rates as well as further declines in sales of sedans. Ford Motor Co (F.N), Honda Motor Co Ltd (7267.T) and Toyota Mot... More »
TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than two years, as the struggling firm continues to lose customers amid intensifying competition with nimbler manufacturing rivals. ... More »
HONG KONG (Reuters) – The publication of eye-catching sales targets by many Chinese developers this year has contributed to a sharp rise in their share prices as investors built in rosy expectations for the companies. The targets by the developers with listing... More »
FILE PHOTO: Apartment blocks are pictured in Beijing, China December 16, 2017. REUTERS/Jason Lee/File Photo HONG KONG (Reuters) – China’s large developers are tightening their hold on the country’s real estate market, capturing an ever-larger share even as sal... More »
Equifax Inc on Friday issued a fourth-quarter profit outlook that fell short of Wall Street expectations, saying the massive breach of its consumer data earlier this year would hurt sales and result in costs of $60 million to $75 million during the period. More »
FILE PHOTO – The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the wor... More »
Chinese auto sales fell in April by the steepest in almost two years, the automakers’ association said on Thursday, as a tax increase on small-engine cars from the beginning of the year discouraged buyers. More »
Regular and mini cans of Coke and Pepsi are pictured in this photo illustration in New York August 5, 2014. REUTERS/Carlo Allegri Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by tra... More »
Visitors walk past a logo of Toyota Motor Corp on a Toyota Prius hybrid vehicle at the company’s showroom in Tokyo August 5, 2014. REUTERS/Yuya Shino/File Photo Toyota Motor Corp’s (7203.T) four-year run as the world’s top-selling automaker has ended as the Ja... More »
Chinese cars wait for export at a port in Dalian, Liaoning province October 15, 2012. REUTERS/China Daily/File Photo Honda (7267.T) and Nissan (7201.T) reported on Tuesday their strongest monthly vehicles sales growth for China this year in September, thanks t... More »
Samsung Electronics Co Ltd (005930.KS) is considering permanently halting sales of Galaxy Note 7 smartphones as an option after fresh reports of fires in the premium devices, a person familiar with the matter told Reuters on Tuesday. More »
