Sales

China EVs, Hybrids set to cement sales lead over petrol cars
China EVs, Hybrids set to cement sales lead over petrol cars
SALES of electric vehicles (EVs) and hybrid vehicles in China likely surged in August, surpassing faltering deliveries of conventional petrol cars for the second month in a row.Sales of...
German car sales plunge in August as EV slump worsens
German car sales plunge in August as EV slump worsens
Sales of new cars plummeted in Germany in August, official data showed on Wednesday (Sep 4), dragged down by a record fall in demand for electric vehicles in Europe’s...
China’s grey market is dominating luxury brands’ online sales
China’s grey market is dominating luxury brands’ online sales
CHINA’S grey market – where brand new, authentic products are sold at steep discounts – is increasingly dwarfing some global luxury giants’ official sales channels in the country’s dominant...
Tesla’s China-made EV sales grows 3% year on year in August
Tesla’s China-made EV sales grows 3% year on year in August
This comes even as the country’s sales force is downsizing as part of the US company’s global layoffsSALES of US automaker Tesla’s China-made electric vehicles (EV) grew 3 per...
Norway’s electric car sales set new world record
Norway’s electric car sales set new world record
Norwegians bought 10,480 new EVs in August, bringing the total to 68,435 since the start of the yearElectric car sales in Norway took a 94-per cent share of the...
Toyota sales overcome US woes for first growth in six months
Toyota sales overcome US woes for first growth in six months
Toyota Motor’s sales eked out growth for the first time in six months on strong demand in Europe and Japan, even as recalls in the US hindered the Japanese...
EU new car sales flat in July as battery-electric slumps: industry body ACEA
EU new car sales flat in July as battery-electric slumps: industry body ACEA
NEW car sales in the European Union rose 0.2 per cent in July, slowed by declines in France and Germany, while battery-electric vehicles continued to lose market share, data...
Meituan’s sales beat estimates on strong food delivery demand
Meituan’s sales beat estimates on strong food delivery demand
MEITUAN’S quarterly revenue beat estimates after its core food delivery business expanded, offering a positive signal to investors increasingly worried about domestic consumer malaise. The dominant player in Chinese meal...
Meituan’s sales beat estimates on strong food delivery demand
Meituan’s sales beat estimates on strong food delivery demand
MEITUAN’S quarterly revenue beat estimates after its core food delivery business expanded, offering a positive signal to investors increasingly worried about domestic consumer malaise. The dominant player in Chinese meal...
China’s BYD aims to get half of auto sales from global markets
China’s BYD aims to get half of auto sales from global markets
CHINA’S top-selling automaker BYD expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to...