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VW sees multi-speed coronavirus rebound led by China
Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned sales would not recover as quickly in other parts of the world......»»
Volkswagen China boss sees sales in China on recovery course
Volkswagen Group said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period but was hopeful on Friday that the Chinese market would recover soon as it moves out of the coronavirus crisis......»»
BMW Group Q1 Sales Tumble
Bayerische Motoren Werke AG (OTC:Â BMWYY) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. read more.....»»
BMW Group Q1 Sales Tumble
Bayerische Motoren Werke AG (OTC: BMWYY) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. What Happened The group, which includes BM.....»»
China sales seen picking up after coronavirus blow: Volkswagen
Volkswagen expects vehicle sales in China, the world's largest car market, to quadruple in March, it said, pointing to a recovery following the coronavirus pandemic......»»
Volkswagen"s Skoda Auto 2019 deliveries dip to 1.24 million cars due to weaker sales in China
Deliveries of Volkswagen's Skoda Auto dropped slightly in 2019 to 1.24 million vehicles, from 1.25 million in 2018, mainly due to weaker sales in China, the company said on Monday......»»
Hermès defies Hong Kong turmoil as Chinese demand buoys sales
Thriving demand in mainland China drove sales higher at luxury brand Hermès in the third quarter, helping the Birkin-handbag maker offset a slowdown in Hong Kong. Francis Maguire reports......»»
Unilever and Nestle sales hit by China slowdown
European consumer goods giants Unilever and Nestle both reported slowing sales growth in China as the pair posted mixed results......»»
Unilever suffers dip in emerging markets sales growth
A slowdown in India and China put a brake on Unilever's quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries to boost the consumer goods giant's business in emerging markets......»»
Unilever misses estimates as sales slow in China and India
Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets......»»
India"s Auto Sector Comes To A Screeching Halt, Sales Crash In August
At the heart of the global manufacturing slowdown, is the slump in the auto industry in China, Europe, and India. More specifically, it's the spectacular crash of the Indian automobile industry in 2019. .....»»
Intel says customers stockpiling chips on U.S.-China tension, hikes forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd......»»
Intel says customers stockpiling chips on U.S.-China tension, raises forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies Co Ltd......»»
Apple (AAPL) Q3 2019 Earnings Preview: iPhone & China Sales
Apple (AAPL) stock still rests 13% below its 52-week high despite its roughly 30% climb in 2019 amid trade war worries and a slowdown in iPhone sales. Now,.....»»
Bleak China autos outlook triggers raft of profit warnings
Auto suppliers Johnson Electric Holdings and Sensirion slashed their earnings forecasts on Thursday, blaming a slowdown in car sales and pessimism about the prospects of a Chinese car sector recovery......»»
Skoda Auto"s May deliveries drop 6.6% on weaker Chinese market
Global deliveries for Skoda Auto, part of the Volkswagen group, dropped by 6.6% to 104,900 vehicles in May, pulled down by a weaker overall market in China, its biggest sales destination, the company said on Wednesday......»»
China Disappoints With Sluggish Numbers: 5 ETFs in Focus
Amid escalating trade war tensions, China's economy disappoints investors with a slowdown in retail sales, industrial output and declining investments. .....»»
Daimler first-quarter hurt by China slowdown, raw material costs
Daimler's first-quarter operating profit fell 16 percent despite a 718 million euros one-off gain, it said on Friday, as a 4 percent drop in sales of Mercedes-Benz cars, higher raw material costs and investments weighed on earnings......»»
Daimler first-quarter weighed by China slowdown
Daimler said its first-quarter operating profit fell 16 percent, weighed down by a 4 percent drop in sales of Mercedes-Benz cars, higher raw material costs and investments into its Trucks division......»»
Volkswagen expects core brand"s global 2019 sales to be in line with last year: senior executive
Volkswagen expects global sales of its core brand this year to be in line with the 6.24 million level that it achieved in 2018 even though China sales dipped in the first-quarter, the company said on Monday......»»