Sales
China’s car sales jump in October as automakers rush to meet annual goals
CHINA’S passenger vehicle sales jumped 11.2 per cent in October year on year, the second straight monthly rise and the fastest growth since January, led by domestic champion BYD...
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales...
Moderna reports surprise profit on higher-than-expected Covid vaccine sales
MODERNA reported a surprise third-quarter profit on Thursday (Nov 7), driven by cost cutting and higher-than-expected sales of its Covid-19 vaccine, even with low revenue from its new respiratory...
Tata Steel’s second-quarter profit beats on higher sales volumes, lower costs
TATA Steel reported a second-quarter profit on Wednesday (Nov 6) that beat analysts’ estimates as lower costs and higher sales volumes in India and the Netherlands offset a steep...
BMW profit dives, misses expectations due to weak China sales, brake issues
BMW on Wednesday (Nov 6) reported a 61 per cent drop in its quarterly third-quarter profit that missed analyst expectations because of slumping China sales and brake problems, but...
Puma reports Q3 sales increase on rising running and soccer shoes demand
GERMAN sportswear maker Puma on Wednesday (Nov 6) reported a 5 per cent rise in currency-adjusted sales for the third quarter as it sold more running and soccer shoes.
Quarterly...
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as much as 8.2 per cent.The Japanese carmaker is...
Coupang falls after disappointing retail sales in third quarter
COUPANG slid in late trading on Tuesday (Nov 5) after reporting retail net sales that fell short of Wall Street’s expectations.Net sales totalled US$6.14 billion, up from a year...
