Automotive

Electric cars jolt Europe sales for 2023

New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an industry group said on Thursday.

Automotive

Rolls-Royce delivers record number of cars in 2023

Rolls-Royce Motor Cars delivered a record number of luxury vehicles last year when clients also began taking possession of its first all-electric Spectre model, the German-owned brand said Monday.

Automotive

Ford US vehicle sales neared two million in 2023

Auto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks.

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Sales

A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity.

A sale is completed by the seller, the owner of the goods. It starts with consent (or agreement) to an acquisition or appropriation or request followed by the passing of title (property or ownership) in the item and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price the sale is still valid and gives rise to an obligation to pay.

This text uses material from Wikipedia, licensed under CC BY-SA