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Demand for light trucks helps September auto sales grow 2.7 per cent: DesRosiers
2015-10-02 22:17:03| Auto Dealers - Topix.net
DesRosiers Automotive Consultants says demand for light trucks boosted auto sales 3.7 per cent last month compared with a year ago, making it the best September on record. Canadians snatched up a total of 174,337 light vehicles in September, up from 168,041 in the same period last year.
Tags: september
auto
sales
light
Auto sales soar 16 per cent in September, led by Ford; halt in diesel sales hits VW
2015-10-01 23:53:31| Automakers - Topix.net
September was a blockbuster sales month for the U.S. auto industry - except at Volkswagen, where an emissions scandal forced the company to halt sales of most of its diesel-powered vehicles. Strong consumer demand, easy credit and generous incentives combined to fill dealer showrooms.
Tags: september
auto
sales
led
Spain's Repsol energy firm plans to cut 1,500 jobs over 3 years, a reduction of 6 per cent
2015-10-01 21:37:15| Oil & Gas - Topix.net
Spanish energy company Repsol plans to eliminate 6 per cent of its workforce by 2020, meaning about 1,500 job cuts for the company's roster of 25,000 employees. Repsol SA said Thursday in a letter to employees that the cuts are part of a three-year strategic plan for 2016-2020 aimed at making the company more efficient and ensuring its viability.
Chesapeake Energy Corp. lays off 740 workers, or about 15 per cent of its workforce
2015-09-30 00:40:42| Energy - Topix.net
Chesapeake Energy Corp. says it has laid off 740 employees, most of them at its Oklahoma City headquarters, after the company reported a second-quarter loss of more than $4 billion in August. The company released a statement saying Tuesday's layoffs represent about 15 per cent of its workforce.
UAE auto sales set to grow by 5 per cent in 2015
2015-09-27 15:34:17| Auto Dealers - Topix.net
Automotive sales in the United Arab Emirates are projected to grow by five per cent in 2015, despite months of slowdown in the local automotive industry. Industry sources said the local industry managed to overcome a sluggish period thanks to credit facilities, lower prices and offers on new vehicles.
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