Bosch expects sales in core mobility division to grow 10% in 2023
FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow by 10% this year, the group said at the IAA Munich car…
FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow by 10% this year, the group said at the IAA Munich car…
By Christina Amann MUNICH (Reuters) – BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand…
BEIJING (Reuters) – China’s new home prices fell for the fourth month in August, according to a private survey on Friday, as a property debt crisis kept confidence at a…
HONG KONG (Reuters) – Hong Kong’s July retail sales rose 16.5% from a year earlier in the eighth consecutive month of growth helped by an increase in visitor arrivals and…
By Safiyah Riddle (Reuters) – Contracts to buy previously owned homes increased in July at the fastest pace since January, adding further evidence that the housing market may be rebounding.…
LONDON (Reuters) – European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, data from the…
By David Milliken LONDON (Reuters) – The number of house purchases in Britain this year is on course to drop by 21% to its lowest since 2012 as a result…
SHANGHAI (Reuters) – Chinese startup Inceptio expects the number of trucks in China using its driver-assist technology will quadruple by mid-2024 from around 600 currently, and also plans to begin…
By Johannes Birkebaek COPENHAGEN (Reuters) – Danish dairy firm Arla lowered its full-year sales forecast on Tuesday, saying inflation and the rising cost of living in Europe were prompting consumers…
(Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing early signs of a slowdown, S&P Global Mobility said on Monday. “Rising interest rates, credit tightening…
SYDNEY (Reuters) – Australian retail sales rebounded in July after a sharp fall the previous month, but the annual rate slowed further, a result that should not upset the outlook…
(Reuters) – New vehicle sales in the United States are expected to rise in August, helped by improved supply and strong demand for personal transport, a report from industry consultants…
LONDON (Reuters) – British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, an industry survey showed on…
(Reuters) – Bath & Body Works on Wednesday warned of a steeper decline in annual sales as Americans deferred purchasing its pricier home fragrances and personal care products amid still-high…
(Reuters) – Homebuilder Toll Brothers Inc beat Wall Street estimates for third-quarter profit on Tuesday, as demand for luxury homes in a tighter resale market boosted new home sales. Shares…
BEIJING (Reuters) – China’s government land sales revenue declined for the 19th consecutive month in July, data from the finance ministry showed on Monday, adding to pressure on some debt-laden…
By Siddharth Cavale and Aishwarya Venugopal NEW YORK (Reuters) – Resilient U.S. consumer spending drove Walmart’s better-than-expected second-quarter results and forecast hike but its international business on Thursday posted its…
Target’s Sales Crumble For The First Time In Years Amid Backlash Over LGBT Kid Merchandise Will Kessler on August 16, 2023 Target reported Wednesday that it was lowering its sales…
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) – Vietnam’s EV champion VinFast has managed to sell Wall Street on a Nasdaq listing that values the loss-making startup at more…
NEWARK, N.J. – Angelo Chavez, a 23-year-old resident of Manteca, California, admitted to conspiring to unlawfully sell firearms and methamphetamine over the internet. The announcement was done by U.S. Attorney…
(Reuters) – U.S. stock index futures slipped on Tuesday as government bond yields held on to recent highs ahead of retail sales data for July which is expected to show…
(Reuters) – Packaged food maker Kellogg said on Wednesday its snacking business Kellanova is expected to report full-year sales between $13.4 billion and $13.6 billion after Kellogg separates into two…
EL PASO, Texas – U.S. Customs and Border Protection is reminding travelers that the annual Texas back to school tax-free holiday is scheduled for Aug. 11-13. Typically, sales tax holiday…
TOMS RIVER, NJ – It used to be a competition between McDonald’s and Burger King, but one drive through any town in New Jersey will witness the increase in the…
By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China’s passenger vehicle sales fell for a second month in July, as discounts and government support measures failed to persuade consumers wary…