Tesla Model Y demand in China is through the roof, and new delivery dates show the company has already sold out its allocation of the all-electric crossover for 2025. The Model Y has been the most popular vehicle in the world in both of the last two years, outpacing incredibly popular vehicles like the Toyota RAV 4. In China, the EV market is substantially more saturated, with more competitors than in any other market.
Restaurants' delivery sales jumped by 7.6% year-on-year in October as consumers continued a long-term move towards direct-to-door orders, CGA by NIQ's latest Hospitality at Home Tracker reveals. The comparison is the strongest of the year so far on a like-for-like basis, and a welcome boost for managed restaurant groups after a challenging 2025 for dine-in sales. The figure is exactly double the UK's rate of inflation in October, as measured by the Consumer Prices Index. Growth in deliveries was in sharp contrast to takeaway and click-and-collect orders, which fell 5.1% from October 2024-one of the worst figures of the year, as consumers' steady move away from picking up food went on.
Apple Inc.'s iPhone 17 series drove a 37% rise in its monthly smartphone sales in China, signaling strong momentum in a key market. iPhones accounted for one in every four smartphones sold in the country in October, the first time it's hit that threshold since 2022, according to Counterpoint Research. The figures suggest Apple's year-on-year upgrades are resonating with consumers and support Chief Executive Officer Tim Cook's prediction that the company will return to growth in China this quarter.
Never overstay your welcome; it's an age-old rule. Yet, Texas Roadhouse lovers, you might be unaware of a strategically ticking clock - sweet-toothed diners, look away. In a 2019 interview with Investors' Business Daily, former CEO Kent Taylor didn't mince his words: "We don't want our guests to stay for dessert. We like the table turns." The statement sounds impatient, but its sentiment is actually backed by smart reasoning.
Cadillac's EV sales exploded in Q3. Nearly 40%or two in fivenew cars it sold were electric. The brand's total EV sales are up 88% year-to-date. Cadillac's electric vehicle lineup just had an amazing quarter. Fueled by tax-credit FOMO, GM's luxury arm managed to send off two out of five new car buyers in one of its electric models, making it the brand's best-ever quarter for EVs on record. For the past three months, buyers marched into dealerships in droves to take advantage of the now-expired $7,500 federal incentive. The top brass at General Motors had its lineup at the ready with the Optiq, Vistiq, and Escalade IQ EV piling on thousands of extra EV sales.
Chief executive Phil Urban stated, "It's been the case for the last two or three years that Nicholson's has led the way, closely followed by Sizzling Pubs, Vintage Inns, and Castle Pubs."
"We saw a robust start to 2025 with 30% sales growth, driven by an impressive 65% sales increase in North America," he observes, starting a basic summary that emphasizes "monetization momentum" and "navigating strategic initiatives and macro uncertainty."