Latest in China woes weigh on profits at Toyota, Honda and BMW
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China woes weigh on profits at Toyota, Honda and BMW
Even the strongest international carmakers are suffering from intense competition in the Chinese marketWorld - Financial Times - 4 hours ago -
Why Toyota and Honda vehicles have such high resale values
Toyota and Honda hold their value better than just about any other brand. CNBC looks at how they got this way and explores what could knock them off the podium.Business - CNBC - Yesterday -
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Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - 8 hours ago -
BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - 6 hours ago -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - 6 hours ago -
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Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.Business - The Wall Street Journal - October 25 -
Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist
The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...Business - The Wall Street Journal - October 25 -
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
Despite the lower takings, Toyota had raised its interim and full year dividend forecastBusiness - CNBC - 7 hours ago -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - Yesterday -
Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes
The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.Business - The Wall Street Journal - October 23 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - October 26 -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
China's industrial profits plunge at fastest pace since the pandemic
The country's industrial profits declined 27.1% year-on-year in September.Business - CNBC - October 28 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.Business - The New York Times - 2 days ago -
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...Business - MarketWatch - October 21 -
Honda Plans Recall for 720,800 U.S. Vehicles Over Fuel Pump Worries
Concerns that a high-pressure fuel pump may crack and leak fuel in 2023-2025 Accords, CR-V Hybrids, and Honda Civics prompted the National Highway Traffic Safety Administration to request the recall.Business - Inc. - October 22 -
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Haas F1 reiterates team is not for sale after aligning with Toyota on technical partnership
The first-year team principal of Haas reiterated the Formula 1 team is not for sale even if new technical partner Toyota tried to buy the organizationSports - ABC News - October 25 -
Jones spars with radio hosts over Cowboys' woes
Cowboys owner Jerry Jones got heated during his weekly radio appearance Tuesday on 105.3 The Fan in Dallas.Sports - ESPN - October 15 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
Clase 'surprised' by woes, confident despite loss
Star Guardians closer Emmanuel Clase has now given up six hits and four runs in his past two postseason appearances, this after posting a 0.61 ERA during the regular season.Sports - ESPN - October 19 -
Mbappé woe as Barcelona thrash wasteful Madrid
Robert Lewandowski scored twice and Lamine Yamal added a third goal to ruin Kylian Mbappé's first Clásico as Barcelona romped to a 4-0 win over Real Madrid on Saturday.Sports - ESPN - October 26 -
AD injures foot as Lakers' road woes continue
Anthony Davis will have his foot evaluated after he aggravated an injury late in the fourth quarter of Monday's loss at Detroit.Sports - ESPN - 20 hours ago -
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BMW chief says EU combustion engine ban will shrink car industry
Oliver Zipse tells Paris motor show 2035 cutoff point for CO2-emitting cars is ‘no longer realistic’. Business live – latest updates The EU’s plans to ban the manufacture of traditional ...World - The Guardian - October 15 -
Hannah Green part of three-way tie for lead at BMW Ladies Championship
Hannah Green, Ashleigh Buhai and Jenny Shin lead after 18 holes of the BMW Ladies Championship.Sports - Yahoo Sports - October 17 -
Hannah Green wins third LPGA title of season at BMW Ladies Championship
Green led or shared the lead from start to finish in South Korea for her sixth career LPGA victory.Sports - Yahoo Sports - October 20 -
Green holds off loaded field to win BMW Ladies
Hannah Green of Australia shot a 1-under 71 to win the BMW Ladies Championship in South Korea.Sports - ESPN - October 20 -
PFL: Battle of the Giants weigh-in results
RIYADH, Saudi Arabia – MMA Junkie is on scene and reporting live from Friday's official PFL: Battle of the Giants (DAZN/ESPN+) fighter weigh-ins at the host hotel in Saudi Arabia, which kick off at ...Sports - Yahoo Sports - October 18
