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GM plans to cut sales from rental car fleets
2016-03-30 14:15:42| Auto Dealers - Topix.net
General Motors aims to increase its margins and focus on healthy retail sales, rather than relying on rental car fleets. After record sales figures in 2015 and a solid January start, the automotive industry in the United Sates kept its pace with the best February numbers since 2000.
Lackluster holiday sales prompt Tiffany to cut outlook, staff
2016-01-19 20:25:16| Jewelry - Topix.net
Tiffany & Co. says weak tourist spending and a strong dollar hurt its sales results for the two-month holiday period.
China October Auto Sales Gain 11% After Tax Cut Boosts Demand
2015-11-06 08:15:50| Auto Dealers - Topix.net
Passenger-vehicle sales in China increased at the fastest pace in seven months after the government cut a tax on car purchases to boost sagging demand in the world's largest auto market. Retail deliveries of cars, SUVs and multipurpose vehicles rose 11.3 percent to 1.85 million units last month, the biggest monthly gain since March, according to the China Passenger Car Association.
Tags: october
auto
sales
china
Mattel shares fall as Barbie sales, dollar cut earnings
2015-07-17 20:28:28| Toys - Topix.net
Shares of Mattel Inc. fell Friday after the company reported a second-quarter loss as another decline in Barbie sales and a strong dollar cut into revenue. The stock fell $1.24, or 4.9 percent, to $23.91 in midday trading.
Driverless cars could cut auto sales in half
2015-02-13 16:35:33| Auto Dealers - Topix.net
A woman poses for photographers beside a prototype driverless car called a LUTZ Pathfinder Pod during a launch event for the media near the O2 Arena in London, Wednesday, Feb. 11, 2015. America 's auto market is booming right now, but a study from the University of Michigan Transportation Research Institute suggests that today's sky-high sales figures could plummet in the next decade, as autonomous cars start hitting the streets.