sales
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Technology
China smartphone sales see sharpest decline in 3 years in 2020
Beijing: China’s overall smartphone sales declined 17 per cent (on-year) in 2020, its sharpest decline in the last three years, and Apple was the only brand to witness a positive growth…
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Technology
India smartphone market grows 42% in Oct amid festive sales
New Delhi: Shipping 21 million units, India’s smartphone market registered 42 per cent year-over-year (YoY) growth in October driven by multiple online sale festivals and continuing pent up demand from…
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Automobile
Maruti Suzuki’s Nov sales grow 1.7%
New Delhi: Automobile major Maruti Suzuki on Tuesday reported a growth of 1.7 per cent in its overall sales during November 2020 on a year-on-year basis. The company sold 1,53,223…
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Real Estate
Housing sales reviving, FY21 sales seen 40-50% down
New Delhi: Although demand for residential properties have recovered in the past couple of months to pre-pandemic levels, the overall primary sales is likely to fall 40-50 percent in the…
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Automobile
UK car sales plunge to lowest level since 1946
London: Car sales in the UK plunged to its lowest level since 1946 due to the coronavirus lockdown measures imposed in the country, the motor industry said on Tuesday. The Society…
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Automobile
Auto sector’s domestic sales crash; exports negligible
New Delhi/Mumbai: India’s domestic automobile sales engine stalled in April as the national lockdown imposed to curb the Covid-19 pandemic drove away customers, closed dealerships and factories. The unique circumstances not…
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Automobile
Domestic passenger vehicle sales fall 51% in March
New Delhi: Domestic passenger vehicle sales halved in March compared to the same period of last year due to the coronavirus crisis and the ensuing nationwide lockdown. A total of 1,43,014…
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Automobile
BMW Group India’s Q1 2020 auto sales down more than 12%
New Delhi: Luxury automobile manufacturer BMW Group India on Thursday reported an automobile sales degrowth of 12.04 per cent during the first quarter of the calendar year 2020. “BMW Group India…
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Automobile
Expect sales revival in 2nd half of FY21: Tata Motors CEO
New Delhi: With the Indian automobile industry going through an unprecedented slowdown and carmakers set to roll out BS-VI vehicle models, Tata Motors MD and CEO Guenter Karl Butschek is of…
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Automobile
TVS Motor sales down by over 18% in October
Chennai: Two and three wheeler maker TVS Motor Company Ltd on Friday said it sold 3,23,368 units last month (October), a decline of over 18 per cent as against sales in…
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Automobile
Tata Motors’ September sales skid 48%
Mumbai: Automobile major Tata Motors has reported a 48.02 per cent slump in September sales, including exports, on the year-on-year basis. The company sold 36,376 vehicles in domestic and international markets…
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Automobile
Auto industry value chain pins hopes on healthy festive sales
New Delhi: Faced with a consumption slowdown along with the high cost of finance, the country’s automobile industry’s value chain expects a partial turnaround during the upcoming festive season and…
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Automobile
July auto sales plunge 19%, highest in 19 years
New Delhi: The automobile industry on Tuesday sought revival measures amidst the data showing 18.71 per cent decline in off-take in July, recording the highest monthly sales de-growth in the…
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News
US new home sales disappoint
Washington : Sales of new US homes rose last month but the gains were softer than expected, continuing a streak of weakness in the American housing sector, according to government…
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News
DLF Q1 net profit jumps more than two-fold to Rs 414.7 crore
New Delhi: Realty major DLF’s net profit jumped two-fold to Rs 414.72 crore during April to June from Rs 172.77 crore in the year-ago period despite a fall in revenue.…
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Business
JSPL clocks 16 pc growth in quarterly steel, related products sales
New Delhi: Jindal Steel and Power Limited (JSPL) recorded steel and related products production of 1.57 million tonnes and sales of 1.51 million tonnes during the April to June quarter,…
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Stock Market
High finance cost subdues May’s automobile sales
New Delhi/Mumbai: Base effect, along with high finance cost and liquidity constraints continued to subdue automobile sales in May. According to experts, subdued consumer sentiment and the just concluded general…
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News
Apple to slow down hiring after weak iPhone sales
After lower-than-expected iPhone sales and missing revenue forecast for the holiday quarter, Apple Inc is planning to cut back on hiring for some divisions, according to the report published in…
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News
iPhone Sales Slowdown: Read Tim Cook’s memo to employees
SAN FRANCISO (Bloomberg): Apple Chief Executive Officer Tim Cook told employees he won’t blame “external factors” for selling fewer iPhones than anticipated during the holiday quarter. In a memo obtained…
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