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Sales of cars in Western Europe in April grew by 9.1% year-on-year to 1 million 220 thousand cars, according to industry data collected by the automobile agency LMC. The growth of the index was promoted by the days allocated this year for the Easter holidays. Seasonally adjusted annual sales rate of SAAR sales in Western Europe grew at a slow pace - by 1.1% to 14 million 420 thousand cars. This is below the average of 14 million 720 thousand for 2018. Sales of cars grew in Spain by 12.3%, in Britain - by 10.4%, in France - by 9%, in Germany by 8%, in Italy - by 6.5%.
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
Gold prices traded lower in Asia on Friday morning amid hopes for COVID-19 vaccines from the U.S. and U.K. bolstered investor appetite. Sentiment was further boosted with the European Central Bank (ECB) signaling that it may leave interest ...
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