TomTom auto recovery drives earnings beat, lifts shares
(Reuters) – Shares in Dutch mapping and navigation company TomTom jumped as much as 6% on Wednesday after it reported quarterly results ahead of analysts’ forecasts, boosted by strong automotive sales in a recovering industry. FILE PHOTO: TomTom mapping system…
Italian supplier MTA, hit early by COVID-19, sees swift recovery
The immediate impact of COVID-19 has been quickly left behind, said MTA, but questions about its customers’ supply chain linger. MTA’s Codogno plant produces electrical components such as fuse boxes and power distribution units. Another plant in Rolo, Italy, specializes…
Car sales boom in China as economic recovery continues
Strong demand for medical personal protective equipment such as face masks lifted shipments of textile material 34.7pc year-on-year in September, for example. In addition, exports of laptops and computers grew 45pc year-on-year last month as more people worked from home. Imports…
Car sales racing ahead as manufacturers enjoy post-outbreak recovery
Workers assemble vehicles in a smart factory of Chang’an Kuayue Automobile Co., Ltd. in Wanzhou District, southwest China’s Chongqing Municipality, Sept. 23, 2020. [Photo/Xinhua] Vehicle sales in China are estimated to soar 13.3 percent to 2.57 million in September, bringing…
troubleshooting-hardware – Top 10 Data Recovery FAILS
2 Years Ago I don’t know whether more recent tools have figured this out, but around 2003 this was a big problem, in my case with Norton Ghost 2003: never use a backup tool that compresses the backup data to…
Forget EVs: These 3 Stocks Are a Better Way to Play the Auto Recovery
The auto industry has had a rough go of it over the past few years. After a mini-recession resulting from the U.S.-China trade war sent auto sales down 1.4% last year, the COVID-19 pandemic put a big dent in sales…
Oct, Nov sales key to determine if V-shaped recovery of auto sales sustainable: Honda
NEW DELHI : The Indian auto industry is at the moment witnessing a V-shaped recovery but its sustainability will depend on how sales fare by the end of October and November, according to a senior company official of Honda Cars…
UK slump drags down W. Europe recovery, analyst firm says
Western European auto sales barely budged in September, largely because of a slump in the UK, signaling a “sluggish” recovery from COVID-19 lockdowns, analyst company LMC Automotive said in a report. Registrations rose by just 0.1 percent in the 17…
Companies auto sales recovery ‘tactical’ due to pent-up demand, not sustainable: MG Motor India
© Provided by Zee Business The recovery seen in auto sales in the past couple of months is not a sustainable one and there is a question mark on how the industry would fare next year as the sector is…
Smart Money Podcast: Unequal Employment Recovery, and the Case for Used Cars | Personal-finance
Episode transcript Sean Pyles: Welcome to the NerdWallet Smart Money podcast, where we answer your personal finance questions and help you feel a little smarter about what you do with your money. I’m Sean Pyles. Liz Weston: And I’m Liz Weston.…
