Tag Archives: Demand

Aston Martin upgrades forecasts as demand for luxury sports cars moves into fast lane

Aston Martin’s DB11 has helped lift the average selling price of the company’s cars ]Aston Martin’s turnaround is accelerating after the luxury sports car manufacturer notched up record sales in the first nine months of the year. The company sold 3,330 cars during nine months to the end of September, a rise of 65pc on the same period the year before, ... Read More »

Used-car demand going strong at dealer groups

As new-car demand appears to be leveling off, the largest U.S. dealership groups are seeing used-car sales remain a steady, and hefty, percentage of their total revenues. That’s one of several insights from the Automotive News Data Center, which compiled data from survey information to produce its annual list of the top 100 dealership groups in the U.S., as ranked ... Read More »

DIPP Says No Decision Yet on Apple’s Demand for Concessions

The government has not taken a final decision yet on the concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in India, a top official said on Monday. Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said that Apple has submitted certain demands for the government’s consideration. “We had a meeting ... Read More »

Google’s Pixel Phones Shine Despite Misgauging Demand

The Pixel phone, Google’s answer to Apple’s iPhone and Samsung’s Galaxy, is off to a promising start – but might have done even better had Google managed consumer demand as smartly as the device’s sleek design. Although Google hasn’t released sales figures, industry researchers say the Pixel has been a hot item since its October debut was greeted with mostly ... Read More »

Fuel Prices, RBI Policy To Fuel Passenger Vehicle Demand In 2017: Fitch

Chennai: Low fuel prices coupled with an accommodative monetary policy from the Reserve Bank of India (RBI) is what credit rating agency Fitch Ratings expects to support demand for passenger vehicles in 2017. According to Fitch, the demonetisation of 500/1,000-rupee notes would impact sales of luxury cars and not sales of other automobiles — two wheelers, small cars and commercial ... Read More »

Demonetisation To Impact Small Firms, Rural Demand: Tata Steel

  New Delhi: The government’s move to demonetise currency will impact the secondary steel sector as most of the business conducted by these mini mills and rolling factories is cash-based, which in turn would help the large producers, Tata Steel said. Counted among the top 10 steel makers globally, the Mumbai-based firm said that demonetising will also temporarily impact steel ... Read More »

Big Oil’s Entry To Heat Up India, World’s Fastest Growing Hub Of Demand

  Global oil majors BP Plc and Rosneft PJSC are eyeing a piece of India’s $117 billion retail market for fossil fuels, threatening to shake up government-owned companies that have faced little competition for a decade. BP has already secured licenses to open as many as 3,500 fuel stations in the world’s second most-populous nation. Rosneft gained access to about ... Read More »

Sony Sees Strong Demand for PS4 Games as Mobile Business Slumps

Sony said Tuesday its fiscal first half net profit dived owing to a sharp rally in the yen and losses linked to the sale of its battery business. The Japanese electronics giant, which has been shedding assets as part of a broad restructuring, said it had a JPY 26 billion ($248 million or roughly Rs. 1,655 crores) net profit in ... Read More »

iPhone 7 Plus Demand May Hit Apple’s Profits This Holiday Season

Apple Inc said it was caught off guard by how many people want to buy its biggest smartphone, the iPhone 7 Plus, and the miscalculation may hit profits this holiday season. The technology leader is not sure it can make as many units of the iPhone 7 Plus as consumers want in time for the Christmas shopping rush, Apple’s Chief ... Read More »

iPhone 7 Plus Is More in Demand Than the iPhone 7 Among Early Buyers: Report

Apple has begun the sale of the iPhone 7 and iPhone 7 Plus, and few users have reported their first experiences with the device. As user reviews pour in, statistics on the selling count is also surfacing online. While the number of units sold so far is not known, latest figures reveal that the iPhone 7 Plus is more in ... Read More »