Struggling cellphone maker Nokia Corp. said Thursday that tougher-than-expected competition pushed it to a net loss of (EURO)929 million ($1,2 billion) in the first quarter as sales plummeted, including for smartphones.
04/26/2012
— Filed under: Business
Tags: Nokia, sales
Renault SA Chief Executive Carlos Ghosn on Tuesday painted a gloomy outlook for car makers in Europe this year. Automobile sales in the region could decline between 2% and 3%, while France, Renault’s home market, faces a between 5% and 6% drop in sales, Mr. Ghosn said.
01/3/2012
— Filed under: Business
Tags: Renault, sales
Sales of new vehicles fell 5,5 per cent across the 27-nation European Union in 2010, the European Automobile Manufacturers’ Association (ACEA) said Friday.
12/25/2010
— Filed under: Business
Tags: auto, EU, sales