Mercedes profits nosedive on weak China sales DW 10/25/2024
Mercedes-Benz profits dropped over 50% in Q3 due to challenges in the Chinese market and increasing competition.
Forget China, fashion empires are facing an even greater risk from 'luxury fatigue' according to Chanel exec
Luxury houses are facing a downturn due to slowing demand in China and emerging 'luxury fatigue' among consumers. The outlook for 2025 and 2026 appears challenging.
Mercedes profits nosedive on weak China sales DW 10/25/2024
Mercedes-Benz profits dropped over 50% in Q3 due to challenges in the Chinese market and increasing competition.
Forget China, fashion empires are facing an even greater risk from 'luxury fatigue' according to Chanel exec
Luxury houses are facing a downturn due to slowing demand in China and emerging 'luxury fatigue' among consumers. The outlook for 2025 and 2026 appears challenging.
Barclays Predicts 8% YoY Growth in Tesla Q3 2024 Deliveries
Tesla's Q3 deliveries are expected to rise 8% YoY, likely reaching 470,000 units, driven by strong China sales.
Tesla Beats Wall Street Expectations Again! Analyst Sees Massive Upside Potential
Wedbush Securities raised Tesla's price target to $300, with a bull case of $400 for 2025, based on positive Q2 2024 delivery results.
Tesla China has re-launched this popular promo for the Model 3 and Y
Tesla has extended its zero-interest financing promotion in China to encourage vehicle sales amid ambitious delivery goals.
Elon Musk Can't Solve Tesla's China Crisis With His Desperate Asia Visit
Elon Musk prioritized China over India, emphasizing the importance of the Chinese market for Tesla's future success.
Tesla's Sales Of Chinese-Made EV Keep Shrinking
Tesla Giga Shanghai's wholesale vehicle shipments in China decreased year-over-year for the third consecutive month, indicating a challenging market situation.
Barclays Predicts 8% YoY Growth in Tesla Q3 2024 Deliveries
Tesla's Q3 deliveries are expected to rise 8% YoY, likely reaching 470,000 units, driven by strong China sales.
Tesla Beats Wall Street Expectations Again! Analyst Sees Massive Upside Potential
Wedbush Securities raised Tesla's price target to $300, with a bull case of $400 for 2025, based on positive Q2 2024 delivery results.
Tesla China has re-launched this popular promo for the Model 3 and Y
Tesla has extended its zero-interest financing promotion in China to encourage vehicle sales amid ambitious delivery goals.
Elon Musk Can't Solve Tesla's China Crisis With His Desperate Asia Visit
Elon Musk prioritized China over India, emphasizing the importance of the Chinese market for Tesla's future success.
Tesla's Sales Of Chinese-Made EV Keep Shrinking
Tesla Giga Shanghai's wholesale vehicle shipments in China decreased year-over-year for the third consecutive month, indicating a challenging market situation.
Swiss watch exports plunge as Chinese demand dries up
Swiss watch exports plummeted 12.4% in September, chiefly due to a 50% drop in shipments to China, signaling troubles for the luxury market.
Can China's economic stimulus boost German growth? DW 10/07/2024
The German economy faces prolonged stagnation due to high energy prices, challenging foreign markets, and structural issues, leading to reduced exports and job losses.
VW's Warning To Ford And GM
Volkswagen faces multiple challenges including declining sales in China, rising car prices, and increased labor costs, leading to earnings downgrades.
China is no longer the 'undisputed leader' in attracting foreign investment as European companies look elsewhere
Companies are shifting to defensive investments in China due to increased risks and barriers rather than pursuing new opportunities.
Global Digital Transformation: Explore shifts in digital media, data-driven marketing, and consumer engagement in global commerce.
China's Influence: Learn about China as a trendsetter in digital commerce and its innovation cycles setting the pace for global trends.
General Motors is cutting staff in China as it eyes a restructuring in the world's largest auto market
GM's market share in China declined due to COVID, increased EV focus, and domestic EV competition, leading to job cuts and a potential restructuring.
Audi's EV logo change sounds a bizarre branding move
Audi plans to remove its iconic logo from new China EV series due to brand image considerations and increased reliance on local suppliers and technologies.
IDC: Huawei dominates the foldable market in China
The foldable market in China grew significantly in Q2, with Huawei leading the market dominated by its Mate X5 and Pocket 2 models.
Top Biglaw Firm Has Already Closed One Of Its China Offices, May Close Another Soon
Biglaw firm Weil Gotshal closed Beijing office and might close Shanghai office.
Weil Gotshal aims to consolidate Asia operations through Hong Kong office.
The AI features on Galaxy S24 phones in China are powered by Baidu, not Google
Samsung is making efforts to regain lost market share in China by focusing on products that fit the Chinese market.
Samsung's new AI features on the Galaxy S24 series in China are powered by Baidu's model called 'Ernie'. The features include translation, summarization, and generation functions.
Luxury brands in China are resorting to large discounts to revive customer interest, despite potential risks to brand image.
As Apple Hits All-Time High, What Takes It Higher?
Apple stock hits all-time high at $237.23, Loop and Morgan Stanley rate as 'buy' with $300 targets. Earnings report, overcoming China challenges, and iPhone 16 launch crucial for further growth.