General Motors and Ford Motor each reported strong increases in vehicle sales in the United States in the final three months of 2024 amid rising expectations for continued growth in the new year. G.M. said its fourth-quarter sales rose 21 percent from the period a year earlier, to more than 755,000 cars and light trucks….
For the first time since 2011, Tesla on Thursday reported an annual decline in global vehicle sales, sinking a stock that has soared since Donald Trump’s victory. Musk donated more than $250 million to Trump’s campaign and is a regular guest at Trump’s Mar-a-Lago resort in Florida. Tesla investors have pushed the stock up more…
NEW DELHI: Honda Cars India Ltd (HCIL) announced a 20 per cent rise in total sales for 2024 on Wednesday, with 1,31,871 units sold compared to 1,10,143 units in 2023. However, domestic sales fell by 18.55 per cent, plunging to 68,650 units in 2024 from 84,289 units the previous year.The company statement revealed that exports…
Automobile giant Maruti Suzuki India Ltd announced a 30 per cent rise in overall wholesales for December 2024, reaching 1,78,248 units, compared to 1,37,551 units in December 2023.In its regulatory filing, on Wednesday, the company reported that its overall domestic sales, including light commercial vehicles and supplies to Toyota Kirloskar Motor, rose 24.44 per cent…
NEW DELHI: Mahindra & Mahindra (M&M Ltd.) reported a 16 per cent rise in total automotive sales, reaching 69,768 units in December, according to their exchange filing on Wednesday.The company achieved domestic sales of 41,424 vehicles in the utility vehicle category, an 18 per cent increase, with total sales including exports reaching 42,958 vehicles while…
NEW DELHI: JSW MG Motor India on Wednesday reported a 55 per cent increase in sales at 7,516 units in December 2024, as compared to the year-ago month. The company recorded its highest-ever EV sales in December and NEV (new energy vehicle) sales accounted for over 70 per cent of the total sales with its…
Japan Airlines on Thursday said it was hit by a cyberattack, which resulted in delays to some domestic and international flights and the suspension of ticket sales. In a statement on X, the airline reported a system malfunction in its internal and external systems at 7:24 am (local time) and apologised for the inconvenience caused…
WASHINGTON: McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help opioids manufacturer Purdue Pharma boost the sales of the highly addictive drug OxyContin, according to court papers filed in Virginia on Friday. As part of the deal with the U.S. Justice Department, McKinsey…
NEW DELHI: Retail sales of vehicles across categories in India grew 11.2% at 32,08,719 units in Nov, as compared to 28,85,317 units in same month last year, riding on two-wheeler demand, Federation of Automobile Dealers Associations (FADA) said in Monday.Retail sales of two-wheelers were at 26,15,953 units last month compared to 22,58,970 units in Nov…
Representative image (Picture credit: Lexica AI) China on Thursday announced sanctions against 13 American military companies. This action follows the US approval of arms sales to Taiwan and the transit of Taiwan’s president through US territory.China opposes any interaction between Taiwan’s leaders and foreign governments. The arms sale, which includes spare parts and support for…