Ralf Hahn The holiday-shortened trading week fared better for electric vehicle makers NIO (NYSE:NIO), Li Auto (NASDAQ:LI), and XPeng (NYSE:XPEV), compared to the broader market, as the Chinese start-ups posted double-digit growth in sales numbers for June. For the week, NIO, Li Auto, and XPeng rose 11.06%, 14.43%, 8.05%, respectively,Continue Reading
hh5800 The Semiconductor Equipment Association of Japan said that sales of Japanese chipmaking tools are anticipated to grow 15% in the year to March 2025, driven by an AI-boosted recovery in spending on memory capacity, Bloomberg News reported. The industry group raised its annual guidance to ¥4.25T ($26B), from aContinue Reading
Niu Technologies (NASDAQ:NIU) said in the second quarter of 2024, it sold 256,162 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. The number of units sold in China market and international markets was 207,552 and 48,610, respectively. In international markets, micro-mobility sales grew over 50% year over year. Source: PressContinue Reading
ultramarinfoto/E+ via Getty Images Alvopetro Energy (OTCQX:ALVOF) Wednesday reported June sales volumes of 1,669 boepd including natural gas sales of 9.6 MMcfpd, associated natural gas liquids sales from condensate of 67 bopd and oil sales of 10 bopd, based on field estimates. Q2 sales averaged 1,629 boepd compared to 1,701 boepdContinue Reading
jetcityimage/iStock Editorial via Getty Images Eli Lilly’s (NYSE:LLY) newly approved Alzheimer’s drug Kisunla could generate peak sales of up to $7.1B for the company and will help diversify the drugmaker’s revenue stream, according to BMO. Kisunla, also known as donanemab, will be priced at $32,000 per year, with each vialContinue Reading
Justin Sullivan/Getty Images News Ford (NYSE:F) vehicle sales were up 1% in Q2 year-over-year to 536,050 EV sales increased by 61% to 23,957 and are up 72% for the year, second only to Tesla. Sales of the F-150 Lightning increased 77% in Q2 to 7,902, and E-Transit sales were upContinue Reading
jetcityimage Stellantis (NYSE:STLA) FCA US total vehicles sales were down 21% in Q2 to 344,993 year-over-year as declines in its Jeep (-19%), Ram (-26%), Dodge (-17%), and Chrysler brand (-19%) were partially offset by gains in Fiat (+119%) and Alpha Romeo (+8%). The Jeep Wagoneer was the company’s best-selling modelContinue Reading
Domagoj Honda (NYSE:HMC) sales in the U.S. for all brands rose 1.1% to 112,742 in June as a 3.3% decline in car sales was offset by a 3.4% gain in the sale of Honda trucks. Total YTD vehicle sales were up by 9.3% to 690,281. By brand, total Acura salesContinue Reading
SimoneN/iStock via Getty Images Freeport McMoRan (NYSE:FCX) shares wobble between small gains and losses Tuesday after the copper producer guided for Q2 consolidated sales volumes nearly 5% below its April forecast of 975M lbs of copper and ~30% below its outlook for 500K oz of gold, citing the delay inContinue Reading
Hyundai Motor America (OTCPK:HYMTF) reported total June sales of 67,631 units, a 2.5% decrease compared with June 2023. Hyundai set total sales records in June for Elantra HEV (+1%), Elantra N (+19%), IONIQ 5 (+17%), Santa Fe HEV (+90%), Tucson HEV (+28%) and Palisade (+57%). Hyundai’s total hybrid sales wereContinue Reading
