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BBCNEWS Asia Business Report July 6, 2024 - Vimarsana News

BBCNEWS Asia Business Report July 6, 2024

company's income and earnings both fell by more than 20% in the past quarter compared to the past quarter compared to the same period last year. it is a big number but not totally unexpected because the company been slashing prices of its top—selling cars over the past year. more from new york. bringing in 20% less income is well, not good, what has helped the electric car maker is that it warned wall street this was coming. so it didn't come as a complete surprise, given tesla cut prices on its top—selling cars several times last year, and in fact did it again this week. tesla i...

BBCNEWS Asia Business Report June 4, 2024 01:32:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:32:00

Profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is investing $19 billion to ramp up its ev production. the investment will be made over the course of five years and the plan includes turning the plant in the uk into an all electric manufacturing facility. the british luxury car maker is also planning for a new all electric range rover that will be due in 2025. it is owned by india's company. a major chipmaker asml has reported its third—quarter earnings, and posted a jump third—quarter earnings, and posted ajump in third—quarter ...