sales
- Business
Commercial vehicle sales surge amid rapid urbanisation, economic growth in India
New Delhi: Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of…
- Business
LG targets over $725 million in sales from smart factory solutions by 2030
Mumbai: More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on…
- Business
Apple’s India sales hit new high in FY24 amid increased manufacturing, premiumisation trend
New Delhi: As China and Vietnam falter amid India’s push for domestic manufacturing owing to the production-linked incentive (PLI) scheme, tech giant Apple saw a robust around $8 billion sales in the…
- Business
BMW posts strong performance in H1, sees over 21 pc boost in car sales in India
New Delhi: BMW Group India has posted a strong performance in the first half (H1) of 2024 (January-June) as it witnessed a boost of over 21 per cent in car sales (BMW+MINI),…
- Business
EV sales up by 40 pc to 1.75 million units in FY2024 in India
New Delhi: India’s Electric Vehicle (EV) sales soared to 17,52,406 units in FY 2023-24 with a growth of 40.31 per cent on a Year-on-Year (YoY) basis. According to a report by JMK…
- Business
GenAI-based smartphones’ share in global sales rose to 6 pc in Q1: Report
New Delhi: Generative artificial intelligence (GenAI)-based smartphones contributed 6 per cent to global smartphone sales in the first quarter (Q1) of 2024, a significant increase from just 1.3 per cent in the…
- Business
Truecaller’s net sales up 8 pc in India with over 234 million daily active users
New Delhi: Leading caller identification app Truecaller on Tuesday reported an 8 per cent increase in net sales in India in the first quarter (Q1) of the calendar year, saying that the…
- Technology
SK hynix expects significant increase in sales of high-end chips
Seoul: SK hynix, the world’s second-largest memory chipmaker, said on Wednesday that it expects a significant increase in the portion of its high bandwidth memory (HBM) chip sales relative to total DRAM…
- Business
Hyundai Motor’s sales up 6 pc in US due to hybrids, EVs
Seoul: South Korea’s top automaker Hyundai Motor said on Saturday that it recorded a 6 percent increase in its sales in the United States last month. It sold a total of 60,341…
- Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
Seoul: South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The…
- Technology
Google to lay off ‘a few hundreds’ employees from ad sales team
San Francisco: After laying off nearly 1,000 employees last week, Google is reportedly slashing “a few hundred” more jobs in its advertising sales team as part of an ongoing restructuring exercise. Philipp…
- Business
India may see 1 cr EV sales per year by 2030, says govt
New Delhi: The country may see 1 crore electric vehicle (EV) sales annually by 2030, generating nearly 5 crore jobs, Minister of Road Transport and Highways, Nitin Gadkari, has said. As per…
- Business
Apple Watch ban may cost firm $300 to $400 mn in sales: Report
San Francisco: Apple’s decision to stop selling two of the latest models of Apple Watches — Series 9 and Ultra 2 — in the US this week could cost the company hundreds…
- Business
Apple loses bid to halt Watch sales ban in US
San Francisco: The US International Trade Commission (ITC) has denied Apple’s bid to delay an import and sales ban on the Watch Series 9 and Watch Ultra 2 amid a patent dispute.…
- Business
Global passenger battery EV sales to reach 10 mn units in 2023
New Delhi: The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year) in the third quarter this year, a report showed on Monday, adding that annual BEV…