Automakers, most of which reported U.S. sales numbers Tuesday, sold nearly 3.8 million vehicles in the first quarter versus a year ago, for an annual rate of 15.4 million in sales. With inventory on dealer lots growing toward pre-pandemic levels, auto companies were forc...
representing an increase of 10.5% fromRMB31.9 billionin the fourth quarter of 2023 and an increase of 4.9% fromRMB33.6 billionin the third quarter of 2024. The increase in cost of sales over the fourth quarter of 2023 was primarily attributable to increase in vehicle deliverie...
You know, I'm not going to speculate on the future trajectory of the R&D as a percent of revenue. I think I'd really -- I would really encourage you to focus more on the sales and marketing numbers at this point. All right? Right now, we're definitely a product company, and R&D ...
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(Consolidated Numbers, Ind AS) Finance Costs Finance costs increased by ₹ 217 Cr to ₹ 2,421 Cr during Q1 FY23 due to higher gross borrowings. Joint ventures, Associates and Other income For the quarter, net profit from joint ventures and associates amounted to ₹36Cr compared with a...
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The Chinese automakers have cut into Tesla's market share across China, which has led Tesla toshift pricesand offer other sales incentives in attempts to boost demand while maintaining profit margins. Tesla will be reporting its March sales numbers less than a month afterreports th...