GM sales down 50% last month!
General Motors has revealed that their sales in the US market were down 49 percent.
This drop was steeper than what the market had expected.
This is however not surprising considering the entire US market is going through a recession.
The overall sales in the US market are also [...]

Nike online sales seeing a major boost
Nike’s US chief Mark Parker has stated that the company is seeing a major increase in sales through online outlets.
He said: “We’ve seen a fairly dramatic increase in online sales.”
Parker was speaking at the annual meeting of the World Economic Forum.
He said that this was probably because a [...]

Skoda India sales continue to improve
Skoda India continues to perform well as the sales are up again in the month of August.
The company gained 22.6 per cent in terms of car sales last month as compared to last month.
Skoda India sold 1,103 units last month compared to around 900 in the same month last year.
The [...]

Ford sales went down 16% in May
US based automaker Ford has revealed that their sales in the month of May were down 16% compared to the same period last year.
Ford managed to sell 217,998 vehicles as demands for their trucks is dropping down.
Auto buyers in the US market are increasingly going for fuel efficient small [...]

Amazon.com post impressive profits
Online retailing giant Amazon.com has reported that their third-quarter profit more than quadrupled.
The company gained from increased sales of books, music, electronics and other goods. Amazon also gained at the stock market as its share touched $100 in regular trading.
Amazon’s revenue touched $80 million, or 19 cents per share. This is an [...]

Samsung gains from improved mobile phone sales
South Korean consumer electronics maker Samsung has reported that they have achieved higher sales and profits in the July to September quarter.
The company gained mostly from their cell phone division which continues to perform well. They recently overtook Motorola to become the second largest mobile phone maker in the [...]

Bajaj Auto September sales down 23 percent
Indian two wheeler manufacturer Bajaj Auto has announced that their auto sales in September were down 23% compared to last year in the same month.
The company reported that their sales were down to 232,496 units from 300,141 units last year.
The sales of their motorcycles were down 25 percent to [...]

Chevrolet Spark helps GM India post improved sales
GM India launched their most ambitious model Chevrolet Spark in the Indian market recently. Spark has shown its magic and has helped GM India post impressive sales results.
The company has said that they are expecting their sales to improve to 66,000 units this year from 35,000 units in [...]

Ford expecting to post improved sales in May
US based automaker Ford has said that they are expected to post improved sales figures for the month of May.
This would be the first time in the last six months if the company manages to accomplish this feat. However, Ford added in its statement that their overall sales [...]

Acer expects their notebook sales increasing by 30-40 percent
Taiwan based personal computer maker Acer has said that they expect their notebook sales to jump by 30-40 percent in the current quarter compared to last year.
A company representative said: “The Company is operating efficiently and effectively to boost sales in its major markets, including Europe, the [...]