Tesla’s sales in the U.S. are gaining on BMW and other luxury car makers

The Chinese will Account for 50% of Luxury Sales by 2025 Chinese consumers remain the focus of luxury goods makers, as a new study by Bain consultancy shows they will.....»»

Chinese consumers remain the focus of luxury goods makers, as a new study by Bain consultancy shows they will fuel nearly half of global high-end sales by 2025......»»

Palo Alto-based Tesla outsold 10 well-known luxury automakers in the U.S. in the third quarter, and is within striking distance of overtaking Mercedes-Benz in quarterly sales, analysts at Edmunds.com estimate. In a new note, Edmunds analyst Jerem.....»»

European luxury auto makers are coming after Tesla with their own high-end, long-range electric vehicles, and they are targeting on one of America’s most popular vehicle categories: SUVs......»»

German luxury car maker Audi unveiled its e-Tron electric SUV in the San Francisco Bay Area. It and a host of other European premium auto makers have their eye on Tesla's market......»»

Luxury car sales rely on product appeal and the outstanding customer service buyers expect in exchange for high purchase prices. Tesla admitted shortcomings in the second category, a threat to its........»»

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Old guard auto makers are mounting a challenge to Tesla with their own premium electric vehicles......»»

Infiniti Nissan’s premium brand Infiniti plans to at least triple sales in China within the next five years The carmaker plans to do this in par.....»»

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.....»»

Vince Holding Corp. shares have jumped 31.2% in Thursday trading after the luxury fashion company reported year-over-year third-quarter earnings and sales growth. Net income totaled $6.8 million, or 57 cents per share, up from $3.5.....»»

Having reported decreased sales for November, most Taiwan-based flat panel makers are expected to see their revenues continue to drift downward in December due to dwindling demand and falling panel prices, according to industry sources......»»

Backlit unit (BLU) suppliers Radiant Optoelectronics and Coretronic both have reported revenue gains for November, bucking off-peak season trends......»»

While Ultra-HD (UHD) content is still insufficient at the moment, related makers and service providers should expand the scope of information applications to highlight the value of such high resolution and stimulate demand for 8K TVs......»»

LED automotive lighting module makers Excellence Optoelectronics (EOI) and Laster Tech mainly rely on the US and China markets respectively and have been hit by decreased car sales in the two countries, according to industry sources......»»

The trials and travails facing Western purveyors of luxury goods as they seek to break into the Chinese market have been well documented in the press (.....»»

Total U.S. retail sales were $8.8 billion in 2017, up from $8 billion five years earlier, but it's not just about break.....»»

Networking device makers Accton Technology and Sercomm have both reported strong sales for November, buoyed by inventory build-ups by clients amid US-China trade disputes......»»

First Drive Of Audi"s All-Electric SUV: A 50,000 Unit Per Year Bite Into Tesla"s Model X And S Sales.....»»

Rivals aren't sitti.....»»