CAAM released production and sales data of May on June 10, 2015, and 239,700 trucks were produced in May and 244,300 units were sold in May, down 12.99% and 11.93% over last month and down 13.35% and 10.29% over last year. We predict that ...
Tags: Heavy Trucks, Medium Trucks
Dongfeng Liuzhou Motor secured an order for 926 trucks from Vietnam in the first quarter, up 509.21% over last year, and up 38.62% over the 4th quarter last year, hitting record high. And the trucks ordered are mainly 4×2 tractors and ...
Tags: Dongfeng Trucks, Trucks
Scott and Scott is claiming that the supermarket giant’s overstatement of its profits last year, caused a “permanent destruction of value to shareholders.” Tesco is facing potential legal action from UK shareholders ...
Tags: Tesco, Supermarket giant, Toys
Orora has announced plans to build a new dairy bag production line following the securing of a long-term supply contract for Fonterra's New Zealand milk powder operations. The $20 million investment will see the establishment of a new ...
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
Canadian Methanol producer, Methanex said its adjusted net income climbed 21.21 per cent from a year ago quarter for the fourth quarter ended December 31, 2014. Methanex posted adjusted net income of $80 million or $0.85 per share on a ...
Dietary supplement manufacturer Blackmores Ltd (Blackmores) has announced a strong close to Group sales of $206 million for the first half ended 31 December 2014, an increase of 22 per cent compared to the previous corresponding period. ...
Methanex, the world’s largest producer and supplier of methanol to major international markets, has announced that it has successfully produced first methanol from its new 1.0 million tonne plant in Geismar, Louisiana, in the US. ...
Tags: cost savings, substantial schedule, Textile
Sales of Foton Aumark vehicles increased by 40% in 2014 whereas sales of China light cargo vans decreased by 6.06%. And sales of Foton Aumark light trucks increased by 50% in 2013, and how can the light trucks can be sold so well? It is ...
Tags: light trucks, vehicle model, Transportation
December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble
XCMG is transferring from highway vehicles to logistics vehicle markets rather fast and their sales of tractors have increased by 1168% over last year. And the fast growth can be attributed to their "market transformation, product ...
Despite an 8.4 per cent hike in sales, £19.8 million rise in costs hit underlying pretax profits by 31.6 per cent at Super Group, a marketer of apparel in the first fiscal half ended October 25, 2014. Super Group which markets the ...
Tags: underlying pretax profits, business acquisitions, Apparel
Australian quick service restaurant operator Collins Foods Limited, which operates KFC and Sizzler restaurants, has reported a 37 per cent lift in Earnings Before Interest Tax Depreciation and Amortisation (EBITA) and a 43 per cent lift in ...
Tags: Collins Foods, Agriculture