Browsing: sales

Kia’s Tasman pickup truck has quickly gained traction in the South Korean market, selling over 4,000 units in its first month.

Ford Mustang sales are down, and rising prices might be the core reason.

Tesla faces a decline in sales in key European markets, raising questions about brand loyalty and competition.

Tesla hopes to stimulate lagging demand for the Cybertruck by offering complimentary Supercharging to buyers of the Foundation Series model.

Ferrari’s robust US sales helped the Italian manufacturer overcome a downturn in the luxury car market, reporting strong fourth-quarter results.

Car-derived vans, exemplified by the VW Caddy, are experiencing strong sales compared to minivans. The new generation Caddy is set to launch in 2021.

Costco’s success in selling luxury items, like Porsches and gold bars, is highlighted by Chairman Hamilton “Tony” James in an interview, discussing the appeal of the warehouse club’s offerings to a wide range of consumers.

After decades of success, General Motors is experiencing a dramatic decline in sales within the Chinese market.

Costco’s Chairman, Hamilton “Tony” James, revealed the surprising success of selling luxury items, including a high-end car that sold out in a week. He cited this as an example of the company’s ability to move anything in volume given quality and price.

General Motors’ dominance in the Chinese market, once a source of immense profits, has crumbled, leading to a significant financial hit.