Sales
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Tesla cuts US prices by US$2,000 as sales slow, inventories swell
TESLA cut the price of its best selling Model Y, the Model X and the Model S by US$2,000 in the US late Friday (Apr 19) after disappointing first-quarter...
Nissan cuts annual operating profit estimate by 14.5% on lower sales
NISSAN Motor slashed its annual operating profit estimate by 14.5 per cent on Friday (Apr 19) citing lower-than-expected vehicle sales and other factors.Japan’s third-largest automaker by volume now estimates...
Danone beats Q1 sales forecasts, keeps 2024 goals
DANONE posted stronger-than-expected quarterly sales on Thursday (Apr 18), with all businesses delivering volume growth as the world’s largest yoghurt maker managed to raise prices to cope with higher...
Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips
CHINESE technology giant Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series on Thursday (Apr 18) that many analysts expect to contain an advanced...
Abbott beats quarterly profit estimates on strong medical device sales
ABBOTT Laboratories beat Wall Street estimates for quarterly profit on Wednesday (Apr 17) and raised the lower end of its forecast, as robust demand for medical procedures boosted sales...
Vietnam’s EV maker VinFast reports narrowing losses even as sales fall
VINFAST Auto’s first-quarter loss narrowed while car sales declined as the Vietnamese EV maker sets ambitious goals to be a global brand amid declining worldwide demand for electric vehicles....
LVMH’s first quarter sales growth slips to 3% on luxury slowdown
LVMH reported a 3 per cent rise in first quarter sales on Tuesday (Apr 16), marking a slowdown as rising prices prompted more shoppers who aspire to own its...
