CWTC expects 12-16% sales decline in 4Q22
IC packaging leadframe specialist Chang Wah Technology (CWTC) expects to post a revenue decline of 12-16% sequentially in the fourth quarter of 2022......»»
What should declining Japanese cities do?
Aging societies and population decline have been on the rise globally, but in Japan, the situation has been exacerbated ten-fold. A staggering 36.21 million people, or 28.9% of the populace, are 65 and over. Further, 74.6% of Japan's 1,747 cities are.....»»
BYD seeks further easing of Mexico EV tariffs
BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Chevy launches EV training road tour for dealership sales teams
Chevy's program combines educational sessions designed to dispel myths with opportunities to drive EVs from GM and from rival automakers......»»
Dell sales team told to return to office 5 days a week, starting Monday
"... sales teams are more productive when onsite." Enlarge (credit: Brandon Bell/Getty Images) Most members of Dell’s sales team will no longer have the option to work remotely, starting on Monday, Reuters reported thi.....»»
Chinese automaker BYD seeks further easing of Mexico EV tariffs
BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»
September, Q3 sales impacted by ‘calendar quirk," affordability challenges
Analysts observe no new momentum in the quarter and a mostly lackluster sales pace......»»
Is the iPhone 16 in trouble? Early sales data doesn’t look good
The iPhone 16 is a great smartphone, but are people buying it? Early sales data paints a not-so-great picture......»»
Dealerships urge state and federal officials to relax emissions regulations in open letter
The flattening of EV sales growth has left vehicles piling up on their lots, the dealerships wrote......»»
Sony, Ubisoft scandals prompt Calif. ban on deceptive sales of digital goods
New California law reminds us we don't own games and movies. Enlarge (credit: Carol Yepes | Moment) California recently became the first state to ban deceptive sales of so-called "disappearing media." On Tuesday, Governo.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
Genetic rescue for rare red foxes? Research uncovers options to restore Lassen red fox population
A rescue effort can take many forms—a life raft, a firehose, an airlift. For animals whose populations are in decline from inbreeding, genetics itself can be a lifesaver......»»
Sorry, Microsoft — AI isn’t the reason people are buying new laptops
With all the hype around AI PCs this year, you might think everyone is loving the AI on their laptops -- but the IDC thinks it's irrelevant to sales......»»
VW ID Buzz allocations depend on ID4 sales success, location
The VW ID Buzz is set for a U.S. launch around Thanksgiving. The long-awaited model is set to become VW's most expensive model in the U.S......»»
Masimo CEO Joe Kiani resigns amid legal dispute with Apple
Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent infringement. In the midst of this dispute, Masimo CEO Joe Kiani ha.....»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Daily 5 report for Sept. 25: Another Stellantis challenge: Advertising
When an automaker's sales fall, an advertising agency review is sure to follow......»»
Researchers explore novel approach to map forest dieback in satellite images
Forests and woodlands cover one third of Earth's surface and play a critical role in carbon sequestration, water regulation, timber production, soil protection, and biodiversity conservation. Accelerated by climate change, the decline of these and ot.....»»
Stellantis reviews U.S. advertising accounts for Dodge, Ram, Chrysler, Alfa and Fiat
The review comes as the automaker is under dealer scrutiny as sales slump. The Jeep brand is not involved in the review......»»