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Chinese automaker Great Wall Motor reported that in the first quarter of 2019 its sales grew by 10.6% in annual terms and amounted to 283,842 cars. During the earnings period, the company sold 232 thousand and 657 off-road vehicles, the annual growth of which was 4.1%. The first two models of electric cars of the Chinese automaker went on sale in the second half of last year. During the period from January to March of this year, 14 thousand 96 units were sold. Data for March showed a growth of Great Wall Motor sales by 16.8% compared to March 2018 to 103 thousand 90 cars. During trading in Shanghai on Wednesday, the value of the company's shares rose by 6.3%. During trading in Hong Kong, shares rose in price by 6.1%.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Wall Street recorded a sharp decline on Thursday. This followed after investors fled market-leading technology shares due to mixed earnings reports and pieces of evidence of a worsening virus crisis, increasing the possibility of a sharp ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
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 ...
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 ...
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