Scratch-Offs carry New Jersey Lottery through sharp sales decline
TRENTON, NJ – New Jersey Lottery sales totaled $3.3 billion for the fiscal year ending Sunday, a decline of $288 million or 7.9 percent from the previous year, but still resulted in…
Canadian home sales jump in December; 2023 sales fall 11.1%
TORONTO (Reuters) – Canadian home sales rose in December to end the year on an upbeat note after the market was buffeted by higher borrowing costs in 2023, data from the Canadian…
Daimler Truck sales rise 1% in 2023
(Reuters) -Daimler Truck group sales grew by 1% in 2023 to 526,053 units, the German truck maker said on Monday, citing ongoing supply shortages in key regions. Sales of electric vehicles rose…
BMW CFO: sales growth is mostly electric as combustion engine ‘tipping point’ passes
By Victoria Waldersee and Christina Amann BERLIN (Reuters) – BMW has passed the tipping point for combustion engine vehicle sales and now generates most sales growth from electric cars, its chief financial…
PC makers bet on AI to rekindle sales
By Max A. Cherney LAS VEGAS (Reuters) – PC and microchip companies struggling to get consumers to replace pandemic-era laptops offered a new feature to crowds this week at CES: artificial intelligence…
M&S claims Christmas crown as food and clothing sales beat forecasts
By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales over the Christmas trading period, driven by market-leading growth in food and a…
Russia’s finance ministry switches to FX sales as energy revenues drop
By Darya Korsunskaya and Alexander Marrow (Reuters) – Russia’s finance ministry said on Thursday it would switch to foreign currency sales from purchases in the coming weeks after December oil and gas…
China 2023 vehicle sales rise 12% – industry association
BEIJING (Reuters) – China’s 2023 vehicle sales rose 12% year-on-year to 30.1 million vehicles, the China Association of Automobile Manufacturers (CAAM) said on Thursday. Vehicle sales in December including exports jumped 23.5%…
Global electric car sales rose 31% in 2023 – Rho Motion
By Nick Carey LONDON (Reuters) – Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 31% in 2023, down from 60% growth in 2022, according to market research firm Rho…
Volkswagen Group sales near pre-pandemic levels as bottlenecks ease
BERLIN (Reuters) – Volkswagen Group deliveries rose 12% to 9.24 million vehicles in 2023, it said on Tuesday, indicating a post-pandemic sales recovery as supply chain bottlenecks eased. The carmaker’s unit sales…
Abercrombie & Fitch lifts holiday sales forecast on robust demand
(Reuters) -Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period. The company and Lululemon…
Constellation Brands misses quarterly sales estimates on tepid wine, spirits demand
(Reuters) – Corona beer maker Constellation Brands’ third-quarter sales fell short of market expectations on Friday, as demand for its higher-priced spirits and wines slowed down in the face of sticky inflation.…
Volvo Cars posts record annual sales but shares still dip
HELSINKI (Reuters) -Volvo Cars sold a record number of vehicles in 2023, it said on Friday, boosted by electric car demand and stabilising supply chains, but its growth rate eased towards the…
Toronto home sales slump to 23-year low in 2023
By Fergal Smith TORONTO (Reuters) – Greater Toronto Area home sales fell last year to the lowest level in more than two decades despite an uptick in December, as high borrowing costs…
Australia struggles to ditch SUV habit even as electric vehicle sales hit record
By Lewis Jackson SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however light vehicle sales remained dominated by emissions-intensive…
Toyota’s 2023 US sales rise 6.6%
(Reuters) – Toyota Motor North America on Wednesday reported a 6.6% rise in annual U.S. auto sales, benefiting from strong demand for its affordable sedans and crossover SUVs. The company, a unit…
Tesla’s China-made EV sales jump 68.7% y/y in December
BEIJING (Reuters) – U.S. automaker Tesla sold 94,139 China-made electric vehicles (EVs) in December, a 68.7% increase from a year earlier, China Passenger Car Association (CPCA) data showed on Wednesday. Deliveries of…
China’s BYD to give dealers 2 billion yuan for hitting sales target -sources
SHANGHAI (Reuters) – BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling billions of yuan to its Chinese dealers,…
China’s state-owned developers dominate sales, land markets in 2023 – surveys
HONG KONG (Reuters) – China’s property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more private firms got embroiled…
China’s home sales during New Year holiday fall 26% compared with 2023
BEIJING (Reuters) – China’s average daily home sales during the three-day New Year holiday in 40 cities, based on floor area, fell 26% compared with the same period last year, a survey…
Chinese automaker Geely raises sales target for 2024 to 1.9 million units
By Summer Zhen HONG KONG (Reuters) – Chinese carmaker Geely Automobile Holdings Ltd set its sales volume target at 1.9 million units for 2024, up 13% from its total sales last year,…
Struggling Caracas restaurants, bars offer tour to boost sales
By Efrain Otero CARACAS (Reuters) -Several bars and restaurants in Venezuela’s capital Caracas are offering an eight-hour tour where customers visit each establishment in a bid to boost low sales at a…
US new home sales fall to one-year low in November
WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to a one-year low in November, but the unexpected decline is probably temporary amid a chronic shortage of previously owned homes, which…
US new-vehicle sales to rise 13% in December on discounts, inventory – report
(Reuters) – U.S. new-vehicle sales are expected to rise about 13% in December from a year earlier, driven by strong discounts and vehicle availability, industry consultants J.D. Power and GlobalData said in…
US existing home sales unexpectedly rise in November
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly rose in November, but further gains as mortgage rates retreat from 23-year highs could be limited by a chronic shortage of houses on the…
Two Brick Convenience Store Operators Arrested for Illegal THC Vape Sales
BRICK, NJ – Following an extensive investigation, the Brick Township Police Department Street Crimes Unit (SCU) in conjunction with the Ocean County Narcotics Strike Force, NJ Treasury Department, and NJ Consumers Affair…
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