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sales growth

Chinese EV makers shielded by hefty margins as EU unleashes tariff blitz

by Anas Siddiqui
Chinese EV makers shielded by hefty margins as EU unleashes tariff blitz

Chinese-made electric cars will leverage on their low cost structures and extend their market share in Europe despite the EU’s punitive tariffs of up to 38 per cent, and any …

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Spoilt for choice: How changing consumer preferences & tech advancements driving upgrades in electronics and car

by Horatio Thompson
Spoilt for choice: How changing consumer preferences & tech advancements driving upgrades in electronics and car

Kolkata | New Delhi: Hyundai Motor India gave the third significant upgrade to its flagship sports utility vehicle Creta this January, almost nine years after its launch in 2015 and …

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Dollarama sales growth continued in first quarter as Canadians grappled with inflation

by Anas Siddiqui
Dollarama sales growth continued in first quarter as Canadians grappled with inflation

Dollarama posted an increase in first-quarter sales and profit on Wednesday, as more Canadians shopped at its stores for affordable groceries and essentials. Canadian consumers have been looking for affordable …

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Expect double-digit sales growth this fiscal: Mercedes-Benz India

by Horatio Thompson
Expect double-digit sales growth this fiscal: Mercedes-Benz India

Mercedes-Benz India is eyeing double-digit sales growth this fiscal as demand remains strong, especially for high-end models, a senior company executive said on Wednesday. The company, which on Wednesday introduced …

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Tesla’s Q1 net income down 55% year over year

by Anas Siddiqui
Tesla’s Q1 net income down 55% year over year

Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable …

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Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

by Anas Siddiqui
Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central …

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Carmakers raise FY24 sales growth projection to 8.2%

by Horatio Thompson
Carmakers raise FY24 sales growth projection to 8.2%

New Delhi: The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the …

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auto component industry: Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles

by Horatio Thompson
auto component industry: Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles

Indians’ love for larger, feature-rich vehicles, coupled with a concerted push to deepen local content, is turning into a boon for auto parts makers with domestic component sales rising 6.5%, …

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