Latest in Weak Ev Sales
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Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of ...World - ABC News - 3 days ago -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Volvo Global Sales Boosted by EVs
The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.Business - The Wall Street Journal - November 4 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - November 5 -
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.Business - MarketWatch - November 7 -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - 4 days ago -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley said it plans to offer a new EV or plug-in hybrid electric vehicle (PHEV) each year until 2035, starting with its first all-electric vehicles in 2026.Business - CNBC - November 7 -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035.Top stories - NBC News - November 7 -
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.Business - CNBC - October 31 -
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XPeng Halves Loss on Strong EV Sales, Record Margin
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.Business - The Wall Street Journal - 5 days ago -
Band-Aid, Tylenol parent’s sales miss the mark amid weakness in skin health
Kenvue tops profit view but sales fall a bit shy, as skin health and beauty see weakness.Business - MarketWatch - November 7 -
UK ministers resist car industry pressure to ease fines on EV sales targets
Amid pressure on manufacturers, electric vehicle sector holds two-hour meeting with cabinet ministers on mandateWorld - Financial Times - 4 days ago -
When Eve and Eve Bit the Apple
In this essay from 2016, a writer struggles to reconcile her love for a woman with being “a good Christian girl.”Lifestyle - The New York Times - November 1 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.Top stories - The New York Times - October 30 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - October 31 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
What are Europe’s biggest weak spots for a Trump presidency?
A second Trump presidency will impact climate policy, trade, the war in Ukraine and EU defenceWorld - Financial Times - November 7 -
The Race to Create the Perfect EV Tire
With billions sold each year, the battle is on to make the ideal electric car tire—one that offers the holy trinity of increased range, eco credentials, and less noise. The results could benefit ...Tech - Wired - November 15 -
EV targets 'will not be weakened' despite pressure
Transport Secretary Louise Haigh says the rules will remain, but car firms warn they are too strict.Top stories - BBC News - November 17 -
The EV Buyer’s Guide to an Uncertain Future
The Trump administration is likely to make big changes to US federal electric vehicle incentive programs. Buy or lease now, probably.Tech - Wired - 2 days ago -
Stock for Sale by Cabinet Members
Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.Business - The New York Times - Yesterday -
Iran mocks Israel’s ‘weak’ attacks as hardliners call for reprisal
Political elite under pressure from variety of sources, with US urging Iran to step back from the brink. Middle East crisis – live updates The Iranian government has belittled the scale and ...World - The Guardian - October 26 -
Bowen: Iran faces hard choices between risks of escalation or looking weak
International editor Jeremy Bowen examines what Iran's response might be to Israel's latest attack.Top stories - BBC News - October 26 -
LeBron's fourth-quarter run uncovers Kings' early-season weakness
Los Angeles Lakers LeBron James' 16-point fourth-quarter frenzy exposed the Sacramento Kings' early-season defensive woes.Sports - Yahoo Sports - October 27 -
Former WaPo editor: Bezos showing ‘weakness’ pulling presidential endorsement
Marty Baron, the former top editor of The Washington Post, is intensifying his criticism of Jeff Bezos, the billionaire owner of the newspaper, over a decision to not endorse a presidential ...Politics - The Hill - October 28 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
Investors need clarity on BP policy not boss’s weak promises
Shareholders still do not know if giant will jettison goal to cut oil and gas production by 25% by 2030. There goes another of BP’s shiny targets-cum-ambitions. This one is not related to the pace ...World - The Guardian - October 29 -
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - October 29 -
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.Business - The Wall Street Journal - October 29 -
Draper keeps winning run going with dismissal of Lehecka at Paris Masters
World No 15 follows Vienna Open title with 7-5, 6-2 victory Jannik Sinner out of tournament with intestinal virus Just a couple of hours after closing out one of the biggest achievements of his ...World - The Guardian - October 29 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31
