Sales
US holiday sales to grow at slowest pace since 2018: report
US HOLIDAY sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and dried up savings turn shoppers...
Global EV sales up 20% in August despite 19-month low in Europe: Rho Motion
GLOBAL sales of fully electric and plug-in hybrid vehicles rose by a yearly 20 per cent in August, driven by record high sales in China, and despite a 33...
Zara owner Inditex sees early autumn sales perk up after summer slowdown
ZARA owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday (Sep 11), boosting its share price as the world’s largest listed fashion retailer recovered from...
Thailand’s EV makers seek to renegotiate government incentives as sales slow
AS SALES of electric vehicles (EVs) miss expectations in South-east Asia’s largest market, Thailand’s main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines...
GameStop swings to unexpected profit even as sales slide
GAMESTOP reported a fourth consecutive quarter of falling sales, though the video-game retailer reported an unexpected profit.Revenue fell 31 per cent from a year earlier to US$798 million for...
BYD lifts annual sales target to four million EVs, plug-in hybrids
CHINESE electric-vehicle (EV) maker BYD has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.The Shenzhen-based EV giant has lifted its annual target...
Chinese car sales fall for fifth straight month
PASSENGER vehicle sales in China fell in August for the fifth straight month, industry data showed on Monday (Sep 9), though sales of all-electric and plug-in hybrid models rose,...
Thai electric vehicle sales set to miss target as banks tighten car loans
Thailand’s electric vehicle (EV) sales are set to miss targets this year as lenders turn more cautious in sanctioning new car loans with the nation’s household debt hovering near...
