Source link Beijing became the world’s top car exporter in 2023, according to industry data China is estimated to have overtaken Japan as the world’s largest car exporter for the first time in 2023, with sales driven by strong demand in Russia and growing global appetite for electric vehicles. According to the China Passenger Car […]
Source link Spending during the holiday season was weaker than expected, according to industry data UK retailers reported lackluster sales around Christmas as consumers continue to struggle amid soaring inflation, the British Retail Consortium (BRC) and consultancy KPMG have jointly reported. Data released on Tuesday shows that total sales rose just 1.7% in December, compared […]
Source link Sales of new motor vehicles in Russia amounted to more than 1.3 million units in 2023, a 60% surge compared to the previous year, the Ministry of Industry and Trade reported on Friday. According to data released by the ministry, sales of passenger and commercial vehicles amounted to 1.056 million (+62%) and 104,958 […]
Source link Sales of champagne in France have dropped by more than 20% this year due to skyrocketing prices for the sparkling beverage, the BFM Business TV channel reported on Tuesday. The average price for a liter of champagne is reportedly hovering around €30 ($32), causing the French to opt for alternatives such as Alsace […]
Source link More than 120,000 new vehicles were sold in the country in the first 11 months of the year Sales of new trucks in Russia have been skyrocketing this year, with sales topping 128,000 vehicles between January and November, according to data from the Ministry of Industry and Trade published this week. Statistics show […]
Source link This has helped strengthen the ruble by around 10% against major currencies in the past two months Major Russian exporters have been converting more of their foreign currency earnings to rubles in the past two months, the director of the financial stability department of the Bank of Russia, Elizaveta Danilova, said at a […]
Source link UK retail sales fell unexpectedly in October, with the volume of goods sold in stores and online slumping 0.3% month-on-month, the Office for National Statistics (ONS) reported on Friday. Economists were expecting an increase of 0.4% for the month of October. Instead, sales plummeted to their lowest level since early 2021, when Covid […]