sales
- Technology
Microsoft logs slowest quarter growth in 6 years, PC sales nosedive
New Delhi: Microsoft has recorded its slowest sales growth in more than six years in its December quarter of 2022, as it took a $1.2 billion hit after laying off 10,000 people…
- Business
Tesla cuts EV prices in US, Europe amid poor sales, stalled growth
San Francisco: Elon Musk-owned Tesla has drastically lowered prices of EVs across its lineup in the US and Europe, in an effort to boost sales as its stock plummeted more than 60…
- Business
Mercedes-Benz India logs 41 pc growth in sales in 2022
Chennai: Luxury car maker Mercedes-Benz India closed 2022 selling 15,822 cars, logging 41 per cent growth over the previous year. According to the company, it has retained its leading position in the…
- Middle East
Dubai relaxes liquor sale rules, tax scrapped to boost tourism
Jeddah: In an aim to boost the country’s economic and social standing to attract more foreign tourists, the United Arab Emirates further relaxed some rules, which were based on Islamic norms. As…
- Business
EV sales see spike in India, from 48,179 in 2020-21 to 4,42,901 in 2022-23
Delhi: The sales of electric vehicles (EVs) in the country witnessed a surge in the last two years. While 48,179 EVs were sold in 2020-21, the figures increased to 2,37,811 in 2021-22…
- Technology
Worldwide sales of heat pumps set to soar to record levels: IEA
New Delhi: Worldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, the International Energy Agency (IEA) said…
- Automobile
Hyundai, Kia’s US sales up 7.9% amid chip shortage
Seoul: Hyundai Motor Group said on Wednesday its overall vehicle sales in the United States rose 7.9 percent last month from a year earlier despite the extended chip shortage. Hyundai Motor, its…
- Automobile
Indian car makers drove good sales in October
Chennai: With the festive season on, car makers, leading with Maruti Suzuki India Ltd, closed October with good sales numbers. However, the shortage of electronic components had put brakes on the overall…
- Business
Bajaj Auto logs lower sales in October
Chennai: Two and three-wheeler major Bajaj Auto Ltd logged lower sales volume last month at 3,95,238 vehicles as compared to the corresponding period previous year. In a regulatory filing on Tuesday, the…
- Andhra Pradesh
Bike sales decline 6.52 per cent in AP, govt puzzled over negative growth
Amaravati: The Andhra Pradesh government is in a quandary with sale of motorbikes plummeting by 6.52 per cent in the first half of the 2022-23 financial year in the state when the…
- Automobile
Maruti Suzuki’s small car sales to go down, to launch CNG models and SUVs
New Delhi: With the petrol-powered small car/hatchbacks buyers affected and others opting for sport utility vehicle (SUV), Maruti Suzuki India Ltd will increase its CNG powered models as well as SUVs, Maruti-Suzuki…
- Business
SBI, HDFC offer home loans at 8.40% as part of festive sales
Mumbai: Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 percent as part of their festive offerings. SBI in a statement said…
- Business
Intel plans major layoffs this month as PC sales nosedive: Report
New Delhi: Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its sales and marketing teams, as consumer PC sales nosedive globally. Bloomberg reported on Wednesday that…
- Business
5G-ready car sales cross 500K first time ever globally
New Delhi: The connected car penetration surpassed that of non-connected cars for the first time ever globally, capturing almost 50.5 per cent share in the second quarter (Q2) this year. 5G-ready car…
- Automobile
Hyundai, Kia’s US sales up 4.4% amid chip shortage
Seoul: Hyundai Motor Group said on Wednesday its vehicle sales in the United States rose 4.4 percent last month from a year earlier despite the extended chip shortage. Hyundai, its affiliate Kia…
