Chinese electric car manufacturer BYD Company (OTCPK:BYDDY, OTCPK:BYDDF) is extending its reach into Europe through a partnership with French leasing firm Ayvens, majority owned by Société Générale. Through Ayvens, BYD (OTCPK:BYDDY, OTCPK:BYDDF) will be able to offer commercial and retail leasing options at more than 30 European companies within aContinue Reading
LewisTsePuiLung/iStock Editorial via Getty Images BYD (OTCPK:BYDDF) has set a new sales record in the second quarter, driven by price cuts across most models, and is inching closer towards overtaking Tesla (TSLA) once again as the world’s top seller of electric vehicles. The Chinese EV maker sold 426,039 pure EVsContinue Reading
Panama7/iStock Editorial via Getty Images Eni (NYSE:E) is looking to raise more than €4B (~$4.3B) from disposals in its global upstream business, as part of a broader strategy of selling €8B in assets over the next three years, Bloomberg reported Monday. The dual approach drawn up by CEO Claudio DescalziContinue Reading
Scilex Holding Company (NASDAQ:SCLX) on Monday said total product net sales for the month ended June 30, 2024 were in the range of $7.8 million to $9.5 million, compared to $4.4 million for the same period last year, representing growth in the range of about 77% to 116%. Total productContinue Reading
Robert Way/iStock Editorial via Getty Images Li Auto (NASDAQ:LI) delivered 47,774 vehicles in June 2024, a significant 46.7% increase Y/Y. This momentum carried through the entire Q2, with deliveries reaching an impressive 108,581, reflecting a 25.5% Y/Y growth. As of June 30, 2024, its cumulative deliveries reached 822,345 vehicles, rankingContinue Reading
Klaus Vedfelt “Inside Out 2” for the third straight weekend was the No. 1 box-office draw with an estimated $57.4 million in North American sales, according to studio estimates Sunday. The sequel from Disney/Pixar (NYSE:DIS) also set a record for animated movies with global sales of $1.01 billion. “A QuietContinue Reading
MoreISO Toyota (NYSE:TM) global vehicle sales were down 2% in May year-over-year to 888,491, reflecting a significant decline in sales within Japan for its Toyota brand. This is the fourth consecutive month of year-over-year decline in sales. In the U.S., Toyota (TM) sales were up 15.7% led by sales ofContinue Reading
Tara Schulz The U.S. Pending Home Sales Index dropped by 2.10% in May from -7.70% in April 2024. Midwest and South posting monthly losses in transactions, while the Northeast and West recorded gains. On a year-over-year basis, contract signings dropped 6.6%, all U.S. regions registered reductions year-over-year. “The market isContinue Reading
manassanant pamai Retail sales in Japan increased by 3% Y/Y in May 2024, accelerating from an upwardly revised 2.4% gain in April and far exceeding market expectations for a 2% growth. The latest figure also marked the 26th consecutive month of expansion in retail turnover, as rising wages continued toContinue Reading
knowlesgallery/iStock Editorial via Getty Images Micron Technology (NASDAQ:MU) expects the sale of high bandwidth memory, or HBM, to expand from $100s of millions in revenue in fiscal year 2024 to billions in revenue by fiscal year 2025. “We expect to achieve HBM market share commensurate with our overall DRAM marketContinue Reading
