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China auto sales fall in June, the first time in at least two years

2015-07-08 11:09:46| Auto Dealers - Topix.net

China, the world's largest auto market, has been a boom for the global automakers for years - posting double-digit jumps and fat margins. But the recent slowdown of the economy has also impacted the automotive industry.

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Samsung sales fall 8.4% in Q2

2015-07-07 08:40:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it expects to report second-quarter revenues down 8.4 percent from a year earlier to KRW 48 trillion, while operating profit will fall 4 percent to KRW 6.9 trillion. Its final quarterly results will be reported later this month. The lower results are thought to be the result of weaker smartphone sales, with the recent launch of the flagship Galaxy S6 by Samsung unable to return the company to growth. This should be offset somewhat by stronger results at the company's semiconductor activities. 

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Sales, profits fall for Actuant Corp.

2015-06-17 19:54:13| Industrial Machines - Topix.net

Demand for Actuant Corp.'s products for the mining and energy industries fell off sharply in the third quarter of the company's fiscal year and pushed down sales and profits for the Menomonee Falls-based business. Sales in the period that ended May 31 were $320 million, a drop of 15 percent compared with $378 million in the comparable quarter of 2014.

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US auto sales expected to fall slightly in May

2015-06-02 15:26:23| Auto Dealers - Topix.net

Fiat Chrysler says its U.S. sales rose 4 percent in May on strong demand for its Jeep and Ram brands. Jeep sales rose 13 percent.

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French car sales fall 4% in May on fewer working days

2015-06-01 12:29:05| Auto Dealers - Topix.net

New-car registrations in France fell 4 percent to 143,059 in May, the first decline since December but that was mainly due to fewer working days than last year. When the figures are adjusted to include a comparable number of working days as in May last year, sales rose 7.3 percent, according to the CCFA, France's automaker association.

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