Elon Musk Warns of Chinese Car Dominance in the Global Market Tesla's Elon Musk at last week's earnings call, "Chinese automakers are the most competitive automakers in the world.
Tesla's Q4 2023: Operating Margin Shrinks, But Net Profit Doubles Tesla announced financial results for the fourth quarter of 2023 on January 24, 2024. Operating income decreased 47% year-over-year to $2.064 billion, marking the fourth consecutive quarter of losses...
Chinese Automakers Could Outperform Global Rivals, Says Elon Musk AsiaToday Reporter Lee Jang-won = Tesla CEO Elon Musk warned on Sept. 24 (local time) that Chinese automakers will take down most other automakers in the world if there are no trade barriers...
SAIC Motor Corp. GOALS FOR 1.5 MILLION Overseas SELLING IN 2025 China's SAIC Motor Corp announced that it has set overseas sales targets of 1.35 million units in 2024, up 12% year-on-year, and 1.5 million units in 2025.
Hyundai-Kia Motors Sets New Monthly Sales Record in USA Last year, 165,200 units were sold in the United States... Eco-friendly cars, Genesis, and RVs led the sales expansion Eco-friendly car sales also reached 278,000 units 'the largest ever'... This year, the company aims to sell 1 million eco-friendly cars Hyundai and Kia achieved an all-time sales record in the United States last year.
Rolls-Royce Achieves Record-Breaking Year with 6,032 Cars Sold in 2023Rolls-Royce Motor Cars achieved record-breaking sales in 2023, driven by strong demand, including for their first pure electric model.
Apple iPhone sales in China fall 30% in first week of 2024 U.S. investment bank Jefferies estimates iPhone 15 hit by Huawei's return to the market "Slump last year, double-digit decline expected this year" U.S. investment bank Jefferies has pointed to Apple's poor sales of iPhones in China last year and said it expects the slump to deepen this year.
Disappointing 2023 for GM's EVs, Share Slips to 3.1% Q4GM's Q4 2023 electric vehicle (EV) sales in the U.S. make up just 3.1% of total sales, falling short of expectations.
Audi's U.S. Sales Soar: Electric Cars Lead the Charge with 55% RiseAudi reports a 22% increase in 2023 U.S. car sales, with 25,000 units of battery electric vehicles, indicating a growing market.
Tesla: 1.8 Million Cars Sold in 2023 Tesla's Q4 2023 sales increased 19.55% year-over-year to 484,507 vehicles. Model 3 and Model Y sales totaled 461,538 units in the quarter, slightly below market expectations...
China's Film Industry Sees Impressive Recovery, Hits $7.7 Billion Box OfficeChinese film market rebounds strongly in 2023, with domestic films leading the way, generating $8.6 billion in box office revenue.
Apple Watch 9 Sales Stopped in the US Over Patent Infringement DisputeApple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.
Americans Go Wild with $9.8 Billion Online Shopping Spree on Black FridayU.S. Black Friday online sales surge to record levels, marking a positive sign for the retail industry's recovery.
Israel sells out of wartime bonds in a month..."All bought in the U.S." The U.S. has reportedly bought all of the additional bonds the Israeli government issued last month after a surprise attack by Palestinian militant group Hamas.
Tesla Breaks Production Records, But Slower Sales Raise ConcernsTesla to produce 2.35M EVs in 2023, driven by Chinese expansion and Cybertruck launch, despite challenges in markets.
Honda Civic Hybrid Goes Local: Production in North America from 2024Honda's 'Civic Hybrid' will be produced in North America from 2024, contributing to Honda's goal of 100% EVs by 2040.
US Provisionally Approves Selling 25 Additional F-35 Stealth Fighters to South KoreaU.S. provisionally approves F-35 sale to South Korea; final approval rests with Congress. South Korea already operates F-35s.
American Teen Dies After Consuming THIS Snack, Production SuspendedPaqui discontinues 'One Chip Challenge' after controversy over teen's death. Spicy chip challenge sparks safety concerns.
Elon Musk Warns of Chinese Car Dominance in the Global Market Tesla's Elon Musk at last week's earnings call, "Chinese automakers are the most competitive automakers in the world.
Tesla's Q4 2023: Operating Margin Shrinks, But Net Profit Doubles Tesla announced financial results for the fourth quarter of 2023 on January 24, 2024. Operating income decreased 47% year-over-year to $2.064 billion, marking the fourth consecutive quarter of losses...
Chinese Automakers Could Outperform Global Rivals, Says Elon Musk AsiaToday Reporter Lee Jang-won = Tesla CEO Elon Musk warned on Sept. 24 (local time) that Chinese automakers will take down most other automakers in the world if there are no trade barriers...
SAIC Motor Corp. GOALS FOR 1.5 MILLION Overseas SELLING IN 2025 China's SAIC Motor Corp announced that it has set overseas sales targets of 1.35 million units in 2024, up 12% year-on-year, and 1.5 million units in 2025.
Hyundai-Kia Motors Sets New Monthly Sales Record in USA Last year, 165,200 units were sold in the United States... Eco-friendly cars, Genesis, and RVs led the sales expansion Eco-friendly car sales also reached 278,000 units 'the largest ever'... This year, the company aims to sell 1 million eco-friendly cars Hyundai and Kia achieved an all-time sales record in the United States last year.
Rolls-Royce Achieves Record-Breaking Year with 6,032 Cars Sold in 2023 Rolls-Royce Motor Cars achieved record-breaking sales in 2023, driven by strong demand, including for their first pure electric model.
Apple iPhone sales in China fall 30% in first week of 2024 U.S. investment bank Jefferies estimates iPhone 15 hit by Huawei's return to the market "Slump last year, double-digit decline expected this year" U.S. investment bank Jefferies has pointed to Apple's poor sales of iPhones in China last year and said it expects the slump to deepen this year.
Disappointing 2023 for GM's EVs, Share Slips to 3.1% Q4 GM's Q4 2023 electric vehicle (EV) sales in the U.S. make up just 3.1% of total sales, falling short of expectations.
Audi's U.S. Sales Soar: Electric Cars Lead the Charge with 55% Rise Audi reports a 22% increase in 2023 U.S. car sales, with 25,000 units of battery electric vehicles, indicating a growing market.
Tesla: 1.8 Million Cars Sold in 2023 Tesla's Q4 2023 sales increased 19.55% year-over-year to 484,507 vehicles. Model 3 and Model Y sales totaled 461,538 units in the quarter, slightly below market expectations...
China's Film Industry Sees Impressive Recovery, Hits $7.7 Billion Box Office Chinese film market rebounds strongly in 2023, with domestic films leading the way, generating $8.6 billion in box office revenue.
Apple Watch 9 Sales Stopped in the US Over Patent Infringement Dispute Apple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.
Americans Go Wild with $9.8 Billion Online Shopping Spree on Black Friday U.S. Black Friday online sales surge to record levels, marking a positive sign for the retail industry's recovery.
Israel sells out of wartime bonds in a month..."All bought in the U.S." The U.S. has reportedly bought all of the additional bonds the Israeli government issued last month after a surprise attack by Palestinian militant group Hamas.
Tesla Breaks Production Records, But Slower Sales Raise Concerns Tesla to produce 2.35M EVs in 2023, driven by Chinese expansion and Cybertruck launch, despite challenges in markets.
Honda Civic Hybrid Goes Local: Production in North America from 2024 Honda's 'Civic Hybrid' will be produced in North America from 2024, contributing to Honda's goal of 100% EVs by 2040.
US Provisionally Approves Selling 25 Additional F-35 Stealth Fighters to South Korea U.S. provisionally approves F-35 sale to South Korea; final approval rests with Congress. South Korea already operates F-35s.
American Teen Dies After Consuming THIS Snack, Production Suspended Paqui discontinues 'One Chip Challenge' after controversy over teen's death. Spicy chip challenge sparks safety concerns.
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