South Korea based Hyundai Motors and Kia Motors have jointly captured a 10.4% market share in China during 11 months until November 2012. During the initial 11 months of the year, both firms reported a 12.7% increase in its sales to ...
Tags: Hyundai Motors, South Korea, China, auto industry
The USA's largest rare earth producer Molycorp (NYSE:MCP) is mounting a credible challenge to Chinese rare earth dominance by dramatically scaling up output and potentially increasing its global market share to 30% from 4% at present. ...
Tags: rare earth, rare earth producer, rare earth operations
Business Line cited Mr RC Bhargava chairman of Maruti Suzuki India Ltd as saying that Maruti Suzuki expects next year too to be a difficult one. There is still uncertainty in the market with both petrol and diesel cars hard to sell. Mr ...
Tags: Maruti Suzuki India, diesel cars, car industry, petrol
Mechel’s steel segment’s revenue from external customers in Q3 2012 amounted to USD 1.7 billion or 63% of the consolidated net revenue, a decrease of 10.4% over the segment’s revenue from external customers of USD 1.9 ...
Tags: steel segment, Mechel, steel, Steel Management
Cameleon Software, today announced it will be a Gold sponsor of salesforce.com's Dreamforce 2012 conference. The conference will be held September 18-21, 2012, at the Moscone Center in San Francisco. Cameleon Software provides a ...
Tags: Cameleon Software, salesforce, eCommerce software, software
Nokia today announced its results for the third quarter of 2012, showing revenues had fallen again. Nokia reported overall sales of €7.2bn for Q3 2012, down from €7.5bn in Q2 2012 and €9bn in Q3 2011. Sales from the ...
Tags: Nokia, results for the third quarter, overall sales, Networks division
UK confectioner Thorntons has sounded a cautious note ahead of the Christmas period as it booked a drop in first-quarter sales. In the 14 weeks to 6 October, sales fell 1% to GBP46m (US$73.6m), mainly due to the effect of the closure of ...
Tags: sales, confectioner, profit
South African retailer Massmart Holdings said its growth remained "steady" in the 20 weeks to 11 November but warned on margins for the second half. Notwithstanding "political uncertainty, both nationally and globally", South African ...
Tags: Massmart Holdings, growth, margin, food product
SIAM announced that the cumulative production data for April-November 2012 shows production growth of only 4.80 percent over same period last year.The industry produced 1,646,495 vehicles in November 2012 as against 1,816,977 in November ...
Tags: SIAM, commercial vehicles, passenger vehicles, two wheelers
In the first quarter of 2012, PPR posted €3.3 billion in revenue from continuing operations, up 7.9% on a comparable basis and 15.4% on a reported basis versus first quarter 2011. This strong start to the year was powered by the ...
Tags: Alexander McQueen, Brioni, CEO PPR, Francois-Henri Pinault
Swiss chocolate maker Barry Callebaut has reaffirmed its mid-term guidance, depsite booking a drop in full-year profit. In the 12 months to the end of August, the company reported a net profit of CHF142.6m (US$151.7m), down from CHF178.6m ...
Tags: chocolate maker, chocolate, gourmet business, chocolate products
Business Line reported that Hyundai Construction Equipment India is set to expand its product portfolio as it seeks to become the second largest excavator business in the country in less than 4 years. Mr Dheeraj Panda head of Marketing ...
Tags: Hyundai Construction Equipment India, construction industry, excavator
Since the auto industry’s recent financial crisis, dealerships have been slow in rebuilding business. Although sales were good for 2011, they fell slightly short of the 13 million forecast initially predicted. While the industry is ...
Tags: service lines, bottom Lines
Nissan North America has reported 16.2% rise in its sales in July 2012 to 98,341 units when compared to 84,601 units sold during the same period in 2011. During the period, the sales of Nissan Division rose 12.3% to 86,722 units over ...
Tags: Nissan, sales rise, North America
German carmaker Audi has reported 12.3% rise in its sales to 733,000 cars globally during the initial six months of 2012, when compared to the same period in 2011. Audi Board of Management chairman Rupert Stadler said the brand is growing ...
Tags: Audi, sales rise, 2012