Toyota hikes annual forecast as first-half net profit doubles
Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year.
Nov 1, 2023
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Automotive
News tagged with auto sales
Automotive
Ford reports higher US auto sales amid strong demand
Ford reported increased US quarterly sales Wednesday, reflecting strong demand despite higher interest rates in an auto market that has yet to see significant effects from a labor strike.
Oct 4, 2023
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Automotive
Japan's Honda records lower profit, projects recovery ahead on sales rebound
Honda's profit for the fiscal year that ended in March dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic.
May 11, 2023
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Automotive
US auto sales remain slow in third quarter
Automakers saw lackluster US sales in the third quarter, as manufacturers continued to grapple with supply constraints, according to reports from the companies Monday.
Oct 4, 2022
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Automotive
Japan's Honda sees declining profits on semiconductor crunch
Honda's fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker.
Aug 10, 2022
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Automotive
Tesla China exports only 60 cars in March as COVID hits auto sector
Tesla exported only 60 China-made cars in March, a trade body said Monday, with the domestic market absorbing most of its production while virus curbs in areas like Shanghai and Jilin hurt deliveries in the auto industry.
Apr 11, 2022
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22
Automotive
China's auto sales up 27% in 2021, but hurt by chip shortage
China's auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and production and sales fell in June due to global shortages of processor chips, an industry group reported ...
Jul 9, 2021
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Automotive
Sales of electric vehicles surge in China
Sales of electric vehicles in China rose 10 percent last year, data showed Wednesday, amid a post-pandemic economic recovery and a push to establish the world's largest auto market as a leader for green technology.
Jan 13, 2021
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4
Automotive
Europe 2020 auto sales to plunge record 25%: industry group
Auto sales in Europe this year will tumble a record 25 percent due to the coronavirus pandemic which has left manufacturers facing a "major economic crisis", a top industry group said Tuesday.
Jun 23, 2020
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French carmakers see signs of recovery despite sales plunge
New car sales in France plunged over 50 percent in May due to the impact of the coronavirus lockdown, industry figures showed Monday, but automakers noted the first signs of a recovery in the industry.
Jun 1, 2020
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