With German automaker Volkswagen missing its electric vehicles sales target in China in 2021, the carmaker’s works council chief Daniela Cavallo has called on the company to get a deeper understanding of the Chinese car market in order to increase… Read More ›
sales target
Vietnam’s domestic car manufacturer Vinfast opens offices in Europe, North America
On Monday, Vietnam’s domestic car manufacturer Vinfast said, it has opened offices in Europe and in North America. The development marks the company joining a crowded sector as it tries to woo customers with smart electric cars. VinFast, a unit… Read More ›
Tesla’s records stellar delivery targets, achieves major milestone
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
Apple unlikely to meet revenue guidance because of coronavirus
Weakening demand in China along with lost production due to China’s coronavirus has prompted Apple Inc to revise its sales target which it set just three weeks ago. So far the coronavirus pandemic has killed 1,770 people in China with… Read More ›
Kia Motors to chase sales target of 3.12 million vehicles in 2017
Kia Motors has set an aggressive sales target despite falling short of its undisclosed target for 2016. South Korea based Kia Motors Corp has stated that it intends to sell 3.17 million vehicles globally this year. In 2016, it had… Read More ›