Government think tank says China's 2009 auto sales should reach 12.6 million, up 35 percentSeptember 25th, 2009 China's 2009 auto sales forecast to hit 12.6MBEIJING — China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing to extend, a government researcher said Friday. China's auto sales have surpassed those of the limping U.S.
GM CEO expects US auto industry sales of 11.5M to 12M in 2010 vs 10M to 10.5M this yearSeptember 24th, 2009 General Motors CEO sees modest sales growth in '10ORLANDO, Fla. — U.S. auto sales should improve modestly next year as tight credit for auto financing eases and the economy works its way out of the recession, General Motors Co.'s top executive said Thursday.
Hooker posts loss as sales fall 29 percent, company says it sees signs of economic recoverySeptember 9th, 2009 Hooker Furniture takes 1Q loss as sales slideMARTINSVILLE, Va. — Hooker Furniture said it took a loss in the fiscal second quarter as the recession cut into its sales.
Domestic car sales up nearly 26 percentSeptember 8th, 2009 NEW DELHI - After a period of gloom, the auto industry bounced back in August, registering a 25.59 percent growth in domestic passenger car sales, as compared to the year-ago period, industry data released Tuesday showed. According to the Society of Indian Automobile Manufacturers (SIAM) data, 120,669 units were sold last month, compared to 96,082 units in August 2008.
India logs 26 percent spurt in car salesSeptember 8th, 2009 NEW DELHI - Even as auto companies worldwide are in a slump, India saw a 25.59 percent growth in the sale of passenger cars in the domestic market in August, compared to the like month of last year, industry data showed Tuesday. According to the Society of Indian Automobile Manufacturers (SIAM), 120,669 units were sold last month, compared to 96,082 units in August 2008.
August sales increase is first in long time for automakers, but hangover to come in fallAugust 28th, 2009 Automakers see Aug. sales jump; hangover to comeNEW YORK — Automakers are partying, even though they know the hangover is coming.
J.D. Power predicts boost in August auto sales due to cash for clunkers; raises 2009 forecastAugust 20th, 2009 J.D. Power predicts boost in August auto salesDETROIT — A leading automotive research company is predicting that U.S. monthly auto sales will rise above the 1 million mark for the first time this year in August, due mainly to the government's Cash for Clunkers program.
Retail sales likely rose again in July, boosted by the Cash for Clunkers car programAugust 13th, 2009 Ahead of the Bell: Retail SalesWASHINGTON — Retail sales likely rose again in July, boosted by the government's popular Cash for Clunkers program. Economists surveyed by Thomson Reuters expect retail sales rose 0.7 percent last month after a 0.6 percent increase in June.
L'Oreal first half sales up 1.4 percent as company sees gradual improvement in 2nd halfJuly 30th, 2009 L'Oreal 1H sales up 1.4 percentPARIS — French cosmetics company L'Oreal said Thursday its sales rose slightly in the first half thanks to its consumer products division and forecast a gradual improvement over the rest of the year. The Paris-based maker of Maybelline mascara and Lancome fragrances posted sales of euro8.8 billion ($12.37 billion), up 1.4 percent from a year earlier.
Retail sales rise in June by largest amount since January, led by a surge in gasoline pricesJuly 14th, 2009 June retail sales rise more-than-expected 0.6 pctWASHINGTON — Retail sales advanced in June by the largest amount in five months, led by a surge in gasoline prices and a slight rebound in the battered auto sector. The Commerce Department said Tuesday that retail sales rose 0.6 percent last month, better than the 0.4 percent gain that economists had expected.
Industry group says China's June auto sales up 36.5 percent; passenger cars set sales recordJuly 9th, 2009 China's June auto sales up 36.5 percentBEIJING — China's auto sales soared 36.5 percent in June from a year earlier to 1.14 million vehicles, boosted by government incentives, an industry group said Thursday. Passenger car sales hit a monthly high of 872,900 units, the China Association of Automobile Manufactures said.
Industry group says China's June auto sales soar 36.5 percent; passenger cars set sales recordJuly 9th, 2009 China's June auto sales surge 36.5 percentBEIJING — China's auto sales soared 36.5 percent in June from a year earlier to 1.14 million vehicles, boosted by government incentives, an industry group said Thursday. Passenger car sales hit a monthly high of 872,900 units, the China Association of Automobile Manufactures said.
China passenger vehicle sales surge 47 percent in May as incentives entice buyersJune 9th, 2009 China auto sales surge 47 percent in MaySHANGHAI — China's passenger car sales shot up nearly 47 percent in May to 829,100 units, buoyed by tax cuts and other government incentives, the China Association of Automobile Manufacturers reported Tuesday. But a month-to-month rebound in U.S.
Consumer products maker Unilever reports 45 percent fall in 1st-quarter net profit, sales dipMay 8th, 2009 Unilever first-quarter net profit falls 45 percentAMSTERDAM — Unilever NV, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported a 45 percent fall in net profit for the first quarter, as sales dipped and restructuring costs increased. The company says net profit was euro731 million, down from euro1.34 billion.
Stocks fluctuate in narrow range as consumer confidence blows past analyst forecasts in AprilApril 28th, 2009 Jump in consumer confidence gives boost to stocksNEW YORK — Investors are setting aside some of their worries about the economy as a closely watched measure of consumer confidence soars in April. Stocks had been lower on worries about fallout from the swine flu and banks that may need to raise capital following government "stress tests."
But a midmorning report showing a surge in consumer confidence tempered those concerns.
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