EV Sales Will Collapse 60% In October, J.D. Power Forecasts
J.D. Power predicts a 60% EV sales drop in October from September levels. Decline follows expiration of federal tax credits ...
‘Too many layers’: Target US to slash 1800 corporate jobs
US retailer Target is planning to cut around 1800 corporate roles as it struggles with stagnant sales. The company — which has no connection to the Wesfarmers-owned Australian Target chain — announced ...
Electrek
Hyundai’s EV sales plunged the moment the tax credit disappeared
Even with strong demand up until the federal tax credit expired, Hyundai’s EV sales crashed last month. Hyundai, Ford, ...
Wall Street Journal
Jaguar Land Rover Sales Plunge Following Cyberattack
Jaguar Land Rover sales plunged in its latest quarter after a crippling cyberattack forced it to shut down production for several weeks, while President Trump’s trade policies and the transition of ...
Holiday sales to increase to 4.2% amid inflation concerns: National Retail Federation
American shoppers are expected to spend more during the holiday shopping season this year, but the nation’s largest retail ...
U.S. News & World Report
US Retail Sales Likely Rose in September; Higher-Income Consumers Drive Growth
WASHINGTON (Reuters) -U.S. retail sales excluding motor vehicles and parts likely posted further gains in September, data from the Chicago Federal Reserve showed on Wednesday, though part of the rise ...