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Latest Articles in sales

Smartphone Sales Getting Back on Track: Vivo India

70% or ~50k vivo’s retail partners did business in the last 10 days, said the company.

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Indian State Retailers' April Petrol Sales Down 61%; Diesel Down 57%

State companies Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum own about 90% of the retail fuel outlets in the country.

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Google Ad Sales Steady After Coronavirus Drop; Alphabet Leads Tech Share Rally

Alphabet’s first-quarter profit was $6.8 billion, or $9.87 per share, compared with the analysts’ average estimate of $7.21 billion, or $10.40 per share.

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Merck Sees $2.1 Billion Hit To Full-Year Sales From Coronavirus Pandemic

Net income attributable to shareholders rose to $3.22 billion, or $1.26 per share, in the quarter from $2.92 billion, or $1.12 per share, a year earlier.

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Nissan Slashes Full-Year Results Forecast, Sees Operating Loss

The Japanese automaker said that it expected an annual operating loss of as much as 45 billion yen ($419.7 million) from a previous forecast announced

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Daimler's Earnings Plunge As Coronavirus Hammers Sales

Daimler's shares have fallen 52% over the past year to 27.94 euros per share, leaving its market value at 29.8 billion euros.

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Schindler Reports Lower First-Quarter Profit Due To Coronavirus Crisis

The company reiterated its 2020 guidance, which was lowered in March, and expects revenue to fall by between 0% and 10% in local currencies, and net profit to be around 20% lower than in 2019.

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Tata Motors Group Reports 35% Decline In Q4 FY40

Global wholesales of all passenger vehicles in Q4 FY20 were at 159,321 nos., lower by 26% as compared to Q4 FY19.

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BMW Sales Plunge In First Quarter As Coronavirus Takes Toll

BMW sales to China, where the outbreak started, were down 30.9% in the January to March period.

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Godrej Properties FY 20 Booking Value Up 11% At Rs 5,915 Crore

The company launched 17 new projects and phases in FY 20 including six launches in the fourth quarter. Sustenance sales grew by 48 per cent in FY 20 to Rs 3,048 crore.

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VW Says Coronavirus Makes Outlook Impossible As 2019 Profits Rise

Volkswagen Group said its full-year operating profit rose 22% to 16.9 billion euros ($18.5 bln) thanks to strong sales of higher-margin cars and lower diesel charges.

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Adidas Warns Of Big Coronavirus Hit To China Sales

Adidas forecast currency-neutral sales to increase by between 6% and 8% for the full year and for its operating margin to rise by between 10.5% and 11.8%.

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Toyota's China Sales Sink 70% In Feb On Coronavirus Epidemic

Toyota, which is the first major global automaker to report its February sales in China, said it sold 23,800 Toyota and premium Lexus cars.

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China's Passenger Car Sales Tumble 92% In First Half Of February Due To Virus Outbreak

China's passenger vehicle sales recorded 4,909 units in the first 16 days, down from 59,930 vehicles in the same period a year earlier.

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Nissan Slashes Full-Year Profit Forecast, Hit By Sales Slump

Japan's No. 2 automaker now expects operating income of 85 billion yen ($775 million) for the year to March, down dramatically from a previous outlook for 150 billion yen.

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