Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman

China's Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets......»»

Category: topSource: reutersSep 11th, 2019

Chairman Mao"s favored Red Flag carmaker eyes 1 million customers by 2030

China's FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong's carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year and grow them further to 1 million cars in the next decade, its chairman Xu Liuping said......»»

Category: topSource: reutersJan 9th, 2020

BMW, Great Wall to build new China plant for electric cars

BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW's electric MINI brand and Great Wall Motor models......»»

Category: topSource: reutersNov 29th, 2019

China"s Great Wall aims to sell 300,000 WEY vehicles a year by 2025: chairman

China's top sport-utility vehicle maker Great Wall Motor aims to sell 300,000 of its premium brand WEY vehicles a year by 2025, its chairman said on Wednesday......»»

Category: topSource: reutersNov 20th, 2019

Ford November Sales Down 5% in Europe; Cars Weaker, SUVs Stronger

Ford reported November European sales Wednesday that were down 5.4% year over year. Passenger car sales tumbled while SUV and commercial vehicle sales continued to post solid gains......»»

Category: blogSource: 247wallstDec 12th, 2018

Geely"s Volvo Cars warns virus outbreak to hit 2020 earnings

Sweden's Volvo Car Group, owned by China's Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business......»»

Category: topSource: reutersMar 26th, 2020

Wistron expects sales growth in 2020

Despite the coronavirus pandemic, Wistron chairman Simon Lin still expects the company to enjoy another year of revenue growth in 2020......»»

Category: topSource: digitimesMar 26th, 2020

March new cars and trucks sales for March seen down 35.5% from a year ago--Edmunds

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 25th, 2020

Nike"s revenue beats as North America, Europe offset China sales drop

Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the coronavirus-fueled shutdowns......»»

Category: topSource: reutersMar 24th, 2020

Global PC sales to plunge 30% in 1H20

Global PC sales are set to fall over 30% on year in the first half of 2020, due to poor sales in China, Europe and the US in the wake of the coronavirus outbreak, according to industry sources......»»

Category: topSource: digitimesMar 19th, 2020

Earnings Results: FedEx sales grow amid coronavirus outbreak, but earnings guidance is pulled

FedEx Corp. shares surged in the extended session Tuesday, after the shipper reported revenue that topped Wall Street estimates for the quarter despite the spread of COVID-19 but suspended its outlook for the year due to uncertainty......»»

Category: topSource: marketwatchMar 18th, 2020

Exclusive: Goldman turns to veteran Daffey to navigate post-Brexit markets

Goldman Sachs named top trader Michael Daffey as global markets chairman on Monday, with a remit to strengthen key client relationships as the Wall Street giant tries to remodel its trading business in Europe after Brexit......»»

Category: topSource: reutersMar 9th, 2020

6 confidence hacks that helped me go from earning $75,000 to $500,000 a year

Susie Moore Susie Moore spent 10 years working in corporate sales, and before she changed career paths she was earning about $500,000 a year. She attributes part of her success to building her confidence at work, and showing.....»»

Category: topSource: businessinsiderMar 8th, 2020

Profits surge at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America......»»

Category: topSource: reutersFeb 26th, 2020

Profits jump at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm underscored a gloomy outlook for car sales in markets like Europe this year as it pursues its merger with Fiat Chrysler ......»»

Category: topSource: reutersFeb 26th, 2020

Dow Jones Newswires: Peugeot 2019 profit and sales rise, but sees slowing Europe market ahead

Looking to the year ahead, Peugeot said it expects a 3% decrease in the automotive market in Europe, with a 2% drop in Russia, and a stable automotive market in Latin America......»»

Category: topSource: marketwatchFeb 26th, 2020

The Wall Street Journal: Buffett’s Berkshire stock underperforms the most since 2009

The 89-year-old Mr. Buffett, Berkshire’s chairman and chief executive, is renowned for his long-term success as a stock investor and deal maker. But in recent years, Berkshire’s stock performance has failed to beat the market......»»

Category: topSource: marketwatchFeb 22nd, 2020

Walmart sees slowing online sales growth after lackluster holiday quarter

Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics......»»

Category: topSource: reutersFeb 18th, 2020

General Motors to wind down Australia, NZ operations, sell Thai plant to Great Wall

General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021......»»

Category: topSource: reutersFeb 17th, 2020

Memphis as Usual: Next great idea for the city goes to the dogs (and cats)

The annual Building Memphis awards were held this week — read all about the finalists and winners in the Feb. 14 weekly edition and a recap of the ceremony here. In a future year, the facilities that are currently home to the Memphis Brooks Museum and.....»»

Category: topSource: bizjournalsFeb 14th, 2020

MarketWatch First Take: Nvidia shocks Wall Street with surging data-center sales

Nvidia Corp. saw a huge turnaround at the end of a brutal year, powered in large part by a surge in sales of its graphics processors into the data center market......»»

Category: topSource: marketwatchFeb 13th, 2020