Tag Archives: sales

Plug-in hybrids saw the most rapid growth in 2024, attracting a second generation of electric vehicle buyers who are nervous about buying pure EVs or looking for the more extended range that hybrids can provide. ADVERTISEMENT Sales of all types of electric vehicles rose more than 40% in China last year, while those of petrol-powered car plunged, industry data has …

Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals. ADVERTISEMENT China’s biggest electric vehicle (EV) maker BYD revealed record sales of both hybrids and EVs worldwide in 2024, supported by soaring domestic demand, as well as the success of government trade-in programmes. The car maker also …

Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the world’s best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers. It comes as Tesla is due to …

Although falling spending on both food and non-food items has contributed heavily to this dampened figure in November, Spain still saw strong consumer goods spending in the third quarter of the year. ADVERTISEMENT Spanish year-on-year retail sales inched up 1% in November, down from a 3.4% rise in October, as well as below analyst expectations of 2.8%, according to the …

BYD, one of the biggest Chinese electric vehicle (EV) producers, has seen higher sales figures through more car trade-ins in China, edging it closer to its 2024 sales target. ADVERTISEMENT Chinese electric vehicle (EV) manufacturer BYD is on track to sell more cars than established rivals Honda and Ford in 2024, as the company appears to be about to beat …

The United States has approved the sale of spare parts for fighter jets, radar systems, and tactical communications equipment to Taiwan in deals valued at $385 million, according to a statement released by the Defense Security Cooperation Agency (DSCA) on Friday.   Although Washington does not have formal diplomatic relations with Taipei, it remains Taiwan’s most crucial ally and largest …

The UK supermarket says the “cost of living still counts”, but its shoppers are showing “a return to indulgence”. Premium olive oil is one product attracting attention. ADVERTISEMENT Customers at Waitrose are increasingly opting for luxury when it comes to staple food items, said the UK supermarket in its annual food and drink report, published on Thursday. “A pantry stocked …

PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit as Chinese consumers continued to hold back amid an economic slowdown. US-listed shares of the e-commerce giant fell nearly 11% on Thursday following the announcement. It comes after PDD’s main rivals in its home market, Alibaba and JD.com, also posted underwhelming results …

The job cuts, which will account for around 14% of the company’s total European workforce, are expected to happen by the end of 2027. ADVERTISEMENT Motor company Ford is to cut its workforce by 4,000 in Europe by the end of 2027, with the bulk of employees going in Germany, as it blames the decision on pressure from increased competition …

FilmOne Entertainment, the film’s distributor, updated its audience on the new achievement in an Instagram post. “Farmer’s Bride is still making waves! With over 163 million at the box office, it’s a certified block buster! Still showing in all cinemas nationwide,” the post said. Recall that the film recorded ₦89 million in ticket sales just 12 days after its release. …