Keywords: Sales decline
Toyota Motor reported a 2.3% decline in global sales for February, releasing the figures Monday as Japanese automakers face mounting supply chain disruptions stemming from the Middle East conflict, now entering its fifth week. Total sales, including subsidiaries Daihatsu Motor and Hino Motors, fell to......
Porsche’s operating profit plunged by 98 percent in 2025, falling to just 90 million euros from 5.3 billion euros a year earlier after billions of euros in charges tied to a major shift away from its all electric vehicle strategy wiped out nearly all earnings. The results, released Tuesday as part......
Sony Group Corp. will stop releasing its major single player PlayStation 5 titles on PC, ending a six year experiment with cross platform launches that the company now considers commercially ineffective, according to Bloomberg. The decision means several high profile games will remain exclusive to the......
Morocco’s industrial sector began 2026 with uneven performance, as overall production slowed and sales declined across several branches, according to Bank Al-Maghrib’s latest monthly survey. The central bank reported that factories operated at 77 percent of capacity in January, indicating......
Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive......
Siddhant Awasthi, the leader of Tesla’s Cybertruck program since its inception, announced his resignation on Sunday evening, marking another high-profile departure from the electric vehicle giant as the futuristic pickup faces a steep decline in sales. A career shaped at Tesla Awasthi, who joined......
Tesla is grappling with rising anti-Elon Musk sentiment, prompting some owners to disguise their vehicles out of fear of vandalism. Reports indicate a troubling increase in attacks on Tesla charging stations and cars, particularly in the United States and Europe. In a striking incident, seven Tesla......
Tesla experienced significant sales downturns across major European markets in January 2025, with declines ranging from 12% to 63% in key countries, amid growing competition and public response to CEO Elon Musk's political activities. This shift marks a notable change for the electric vehicle manufacturer......
In a candid assessment, the athletic apparel titan Nike has braced investors for a turbulent journey ahead, forecasting a 10% sales decline in its current quarter as it grapples with an intricate tapestry of challenges spanning sluggish consumer trends, a faltering Chinese market, and the arduous task......
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