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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

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

Shopify forecasts full-year revenue above estimates, shares rise

Canadian e-commerce company Shopify Inc on Wednesday posted better-than-expected quarterly earnings, helped by higher holiday sales, and forecast full-year revenue above Wall Street estimates, sending its U.S.-listed shares up about 9%......»»

Category: topSource: reutersFeb 12th, 2020

Increase Your Team’s Sales With Accountability

After the beginning of the year, all kinds of goals are made and business plans are written, which are a great start to on-purpose and intentional goal attainmen.....»»

Category: realestateSource: rismediaFeb 10th, 2020

Electric cars grab 44% market share in Norway in January

Electric cars accounted for a 44.3% share of Norway's new car sales in January, rising from the year but well below the 50-60% range the industry forecast for 2020, data from the Norwegian Road Federation showed on Monday......»»

Category: topSource: reutersFeb 3rd, 2020

Apartment building sales plunge after new rent law dents values

Sales of New York City tumbled to near-decade lows last year, after  scared investors away from . By every measure, it was a terrible 2019 for those in the business of owning and selling... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 30th, 2020

Economic Forum announces new chairman

Aflac's Kevin Lorenzen will be chairman of Economic Forum this year. Lorenzen has spent 14 years with Aflac's Colorado/New Mexico North market as a regional and now a district sales coordinator. He also assists Aflac's corporate office with fundra.....»»

Category: topSource: bizjournalsJan 29th, 2020

Apple"s iPhone strength is back and analysts say it is here to stay

Wall Street analysts were smitten by a rebound in sales of Apple Inc's iPhones after a year of decline. So much, in fact, that they looked past a weaker-than-expected rise in services revenue, the company's growth driver......»»

Category: topSource: reutersJan 29th, 2020

AMD shares fall after chipmaker offers muted sales forecast

AMD’s important new line-up of PC and server chips is set to deliver less of a bounce to its revenue in the first quarter of this year than Wall Street had been expecting......»»

Category: topSource: bizjournalsJan 28th, 2020

Apple iPhone back to growth after a year"s slump; China virus adds uncertainty

Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones......»»

Category: topSource: reutersJan 28th, 2020