Chinese Brands Outshine Apple: iPhone Sales Slump in Key MarketApple is facing challenges in the Chinese smartphone market, struggling to rebound amid intense competition from local companies.
Apple's Tough Times: iPhone Sales Down 6.7% in ChinaSales dropped by 6.7% compared to the second quarter of last year, and even a discount of about $320 couldn't boost sales.
Tesla Cybertruck Outsells Ford F-150 Lightning in MayTesla's electric pickup Cybertruck secured fifth among all-electric vehicles in May, outselling the Ford F-150 Lightning, which ranked tenth.
U.S.-China Arms Control Talks Frozen Amid Taiwan Weapon Sale DisputeChina announced it would halt arms control and non-proliferation negotiations agreed upon at the U.S.-China summit in November last year.
Secrets to Customer Loyalty: How to Keep Them Coming Back!Here are ways to establish ongoing transactions. I hope you'll consider the nature of your industry and take some time to ponder.
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50%According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric CarsHyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Toxic Substance in Children's Boot Over 680x LimitA children's boot sold on a Chinese online platform was found to contain a carcinogenic substance exceeding 680 times the standard limit.
Nvidia's Secret Black Market: Chips Sold Illegally in China - Here's How They're Doing ItNvidia's advanced semiconductors, crucial for AI development, are widely distributed in China through the black market.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10%Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
Tesla's Dominance Challenged: U.S. Market Share Could Dip Below 50%According to data from MarkLines, Tesla's sales in the U.S. market from June to May this year amounted to 618,000 units.
Is the Election Holding Back Car Buyers? U.S. Sales Trends Suggest SoAmidst a plethora of economic uncertainties including the upcoming November elections, the speed of car sales in the United States is expected to wind down. Before deciding on their purchase, individual consumers are likely to wait for the results of the November elections and the direction of the next administration. On the 25th (local time), […]
Starbucks' Price Hike Backfires, Driving Away Even Its Most Devoted FansStarbucks reported that its global sales at the beginning of this year decreased by 1.8% compared to last year.
Tesla's May Sales in China Drop 6.6% Despite April Rebound, Jan-May Figures Show DeclineTesla's sales in China in May 2024 amounted to only 72,573 units, down 6.6% from last year. The slide came after an 18% fall in April that...
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales IncreaseiPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ...
Apple Cuts iPhone Prices by Over 20% in China to Boost SalesApple is struggling with a slowdown in the Chinese market and is making significant efforts to maintain its market share...
Tesla's China Sales Dip: What's Behind the Drop in April Figures?Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
Tesla Pulls the Plug on Rapid Charging Division Amid EV Sales SlumpDue to declining electric vehicle sales, Tesla has shut down the division responsible for its rapid charging stations. The company will continue to operate but is expected to curb new investments, prioritizing enhancing the operation rate of existing facilities for the time being. As of the end of March, Tesla had approximately 60,000 rapid chargers […]
Apple's China Crisis: iPhone Sales Plunge by 19%, Market Share DeclinesApple’s smartphone sales in China for the first quarter of this year have reportedly dropped 19% compared to last year. According to data from market research firm Counterpoint, cited by Reuters on the 23rd (local time), iPhone shipments in China for the first quarter plummeted by 19%, marking the worst performance since 2020. Apple’s market […]
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