Sales
Global electric vehicle sales up 25% to over 17 million in record 2024
GLOBAL sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month of record sales...
BMW sales slide after brake fault recall, China demand slump
BMW car sales slipped last year as a costly recall compounded a slump in demand in China that’s hit Germany’s automakers hard.
Sales of the group’s cars, which also include...
Asean telcos face softer 2025 outlook, but asset sales offer silver lining
Maybank analysts predict 3% year-on-year rise in sector’s mobile and fixed revenue, down from 4% in 2024SOUTH-EAST Asian telcos have outperformed their global counterparts in 2024, but their prospects...
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and electric vehicles in Europe.
The 3 per...
China car sales maintain growth pace in 2024, EV and hybrid sales hit record
CHINA’S car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world’s largest auto market hit a record high amid a...
China renews car trade-in subsidy to boost hybrid, EV sales
CHINA has renewed a trade-in subsidy of up to 20,000 yuan (S$3,724) to help underpin sales of fuel-efficient vehicles, including electric cars and hybrids.Buyers who trade in an old...
Panasonic teams up with Anthropic, aims for 30% of sales from AI
PANASONIC Holdings will embrace artificial intelligence (AI) technology across its hardware and software businesses and team up with Anthropic, one of the leaders in the industry, with the goal...
China’s Geely Holding targets over five million units of annual sales by 2027
CHINA’S Geely Holding Group on Sunday (Jan 5) said it aims to sell more than five million vehicles annually by 2027, a big jump from 2023, which it hopes...
