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France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales......»»

French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets......»»

Nissan Motor Co's premium brand Infiniti said on Friday it will exit western Europe early next year, as it restructures its global operations and turns its attention to sales in the world's top two auto markets......»»

American Eagle Outfitters released its fiscal first-quarter financial results before the markets opened on Thursday......»»

After nearly a decade of growth, new-vehicle sales in the world’s largest auto markets are entering their first sustained slowdown since the financial crisis amid trade frictions......»»

The South Korean auto group’s sales goal looks unattainable, given its haphazard response to deteriorating markets......»»

Shares in Shanghai and Hong Kong fell back after early gains after an industry association reported that auto sales fell nearly 16% in China from a year earlier, the eighth straight month of declines......»»

Wall Street can breathe a sigh of relief following the tense events on Saturday night, when Iran launched airstrikes against Israel. read more.....»»

Taiwan's handset components supply chain is likely to feel the pinch of inventory corrections by Chinese handset vendors starting third-quarter 2021 at the earliest amid their sales shrinkages in China and India markets, according to industry sources......»»

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales......»»

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales......»»

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales......»»

Toyota Motor Corp. said Wednesday it expects battery electric vehicles (BEV) and fuel cell electric vehicles (FCEV) to make up 15% of total U.S. sales by 2030. The Japan-based auto maker said that including hybrid.....»»

Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales soared in April and the company sold more than twice as many electric vehicles as its closest rival Nio Inc (NYSE: NIO) during the month amid suppl read more.....»»

The company now expects vaccine revenues of around $26 billion, 73% higher than initially projected. Oil markets surged .....»»

Honda SUVs and light trucks — and even its cars — combined to give the brand its best April ever. The Japanese automaker, which calls Marysville its North American headquarters for manufacturing and other operations, Monday reported monthly sa.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The big surprise in financial markets over the last two weeks has been the strength in government bonds, even after stronger-than-forecast U.S. consumer price and retail sales data were released. Here's one analyst's explanation of what's going on......»»

Economic growth could boom past 7% and investors may be facing a risk that the Fed and economists are setting their sights on inflation and expansion too low, says Bank of America. Inflation and retail sales data are on deck this week. Creative .....»»