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 global sales
Business
Apple CEO Tim Cook makes surprise visit to China
Apple chief Tim Cook made a surprise visit to China this week, greeting gamers in the southwestern city of Chengdu as his company faces slumping phone sales in its biggest market.
Oct 17, 2023
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53
Automotive
Chinese electric carmaker BYD triples half-year profit
BYD, China's leading electric carmaker, said on Monday its half-year net profit had tripled based on record demand.
Aug 28, 2023
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Automotive
Volvo's shares up after record first quarter profits
Volvo Group's shares were up seven percent Wednesday after the Swedish truck-maker posted record first-quarter earnings, in a sign of an easing of supply chain disruptions and high costs that have plagued the auto industry.
Apr 12, 2023
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Business
US tech giant Dell to cut 5% of its global workforce
American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees, the latest casualties of a job-slashing wave hitting the US tech sector.
Feb 6, 2023
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24
Automotive
Toyota top-selling automaker for third year running
Japan's Toyota was the world's top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.
Jan 30, 2023
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3
Automotive
Volkswagen 'confident' despite global headwinds
German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues to put in a "robust" performance in the first six months of 2022.
Jul 28, 2022
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Business
High-flying tech giants buffeted by turbulent times, earnings show
Tech giants that saw good times during the pandemic are dealing with a "hangover" compounded by inflation and the war in Ukraine, analysts have said after earnings released this week.
Apr 29, 2022
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12
Automotive
Volkswagen profits surge despite selling fewer cars
Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.
Mar 11, 2022
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4
Automotive
Japan's Nissan swings back to profit despite chips crunch
Japanese automaker Nissan swung back into the black for the quarter through December, despite shortages of computer chips that have hit the entire industry and many other manufacturers.
Feb 8, 2022
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