VW, FCA and Renault lead emissions-driven European sales slump

New car registrations in the European Union rose 5.2% year over year in June and are 2.9% higher for the first half of 2018. Volkswagen widened its lead as the top-seller......»»

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Renault will introduce hybrid versions of its top-selling models, the French carmaker said on Monday, as the European auto industry races to meet tightening emissions goals......»»

Following a month of booming auto sales in the European Union, September sales plunged more than 20% as new emissions and fuel-consumption testing procedures were implemented......»»

French carmaker Renault clung to its full-year earnings guidance on Tuesday, despite a 6 percent drop in quarterly revenue blamed on a slump in key emerging markets. Sonia Legg reports......»»

Volkswagen says it is sticking with its sales and profit targets for the year despite the difficulties getting new vehicles through emissions tests that made sales slump in September......»»

Automaker Volkswagen says it is on track for a new annual sales record despite trouble getting vehicles certified for new European emissions tests......»»

European Union new car sales fell again in November, the third straight month for declining year-over-year sales. Volkswagen maintained is volume and market share lead last month......»»

Volkswagen expects a record year but new emissions standards slowed all Europe sales. Volkswagen is on track to hit a new annual sales record, according to the Associated Press. The company ha.....»»

Jaguar Land Rover (JLR) will cut 10 percent of its workforce, mostly in its home market, as Britain's biggest carmaker faces lower Chinese demand and a slump in European diesel sales......»»

Volkswagen says it increased operating earnings and sales last year despite troubles getting vehicles certified under new European emissions tests......»»

Estee Lauder Companies faces stock dip on EPS guidance miss. Despite a 5% YoY sales growth in Q3, below-estimate outlooks weigh. Organic net sales up 6%, driven by strong EMEA performance. read more.....»»

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Frank Casanova, the lead marketer for Apple Vision Pro headset, has retired amid falling demand for the device. read more.....»»

Discover Novartis' Q1 EPS soars 17% to $1.80, surpassing estimates. Sales hit $11.83B, up 10%. Entresto sales surge 36%, Cosentyx up 25%. CEO Vas Narasimhan bullish on mid & long-term growth. read more.....»»

Kimberly-Clark's shares surge 5% premarket as Q1 results beat expectations, driven by organic sales growth and improved gross margin. read more.....»»

Tesla has been slashing prices for its vehicles in the Chinese, US and European markets amid declining sales. Tesla vehicles sitting on the lot at a Tesla d.....»»

This 4/20 cannabis retailers anticipate record-breaking sales fueled by last year's +130% spike and the fortunate alignment of this year's celebration falling on a Saturday. read more.....»»

Weak EV Market Dragged Down European Car Sales In March By Tsvetana Paraskova of Oilprice.com Europe’s new car sales fell in March for the first time this year, dragged down by a decline in electr.....»»