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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......»»

Taiwan-based makers are expected to continue to enjoy strong shipments of graphics cards in the second quarter of 2021, but will see their motherboard sales decline 10-15% sequentially, according to industry sources......»»

The shortages of crucial parts and materials in the networking industry are likely to persist till the end of 2021, affecting the sales performance of related makers for the year, according to sources at Wistron Neweb......»»

Booking Holdings Inc. continued to struggle with the decline of the travel industry in the first three months of 2021, as revenue was cut in half from a year ago......»»

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.....»»

Jenny Evans/Getty Images The global luxury goods industry has been devastated by the coronavirus pandemic. A new study by Bain consultancy forecasts that the sector will see a major decline in sales this year, up to 35%. It w.....»»

A precipitous decline in car sales amid the deadly coronavirus pandemic has caught the attention of Capitol Hill, where some lawmakers are issuing early calls for Congress to authorize new aid to the auto industry......»»

A precipitous decline in car sales amid the deadly coronavirus pandemic has caught the attention of Capitol Hill, where some lawmakers are issuing early calls for Congress to authorize new aid to the auto industry......»»

China Car Sales Crash 80% As Virus Paralyzes Auto Industry Car sales in China fell 80% YoY in February, the sharpest monthly decline in nearly two decades amid the Covid-19 epidemic kep.....»»

Auto sales in China fell for a 16th consecutive month in October, with the number of new energy vehicles (NEVs) sold contracting for the fourth month in a row, data from the country's biggest auto industry association showed......»»

Adecco attributed the decline to continued challenging market conditions in Europe and the U.S., and said the trends seen during the third quarter continued in September and October......»»

Auto sales in China may skid to 26 million this year, a drop of around 8%, a senior industry executive warned, as the world's largest auto market braces for a second year of contraction amid slowing economic growth and tighter vehicle emissions standards......»»

Americans paid more in October than ever before for a new vehicle. And while sales volume was a bit lower this year, the industry remains solidly on track to exceed sales of more than 17 million........»»

Ford Motor Co's July-to-September vehicle sales in China fell 30%, as the U.S. automaker continued to lose ground in a prolonged sales decline in its second biggest market......»»

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......»»

General Motors Co's second-quarter vehicle sales in China fell 12.2%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment......»»

The lobby group for Britain's automotive industry says the country's new car market slid back further in May as consumer and business confidence continued to be affected by what it terms "underlying economic and political instability.".....»»

Analysts at J.D. Power Valuation Services noted that the used vehicle market continued its sluggish start to the new year in its March Used Car and Light Truck Guidelines Industry Update......»»

DETROIT (Reuters) - Major automakers on Tuesday posted lower U.S. new vehicle sales in April as consumer demand continued to weaken and competition intensified following a lengthy boom for the industry......»»

DETROIT (Reuters) - Most major automakers on Tuesday posted lower new U.S. vehicle sales for April as consumer demand continued to weaken and competition intensified following a lengthy boom for the industry......»»