Sales Archives — City Business News

August 9, 2022 No Responses

Status Quo Remains In Share Sale By ExxonMobil To Seplat Energy, Says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) jas affirmed that the status quo remains with respect to ExxonMobil/Seplat Energy share acquisition. Mr Gbenga Komolafe, Commission Chief Executive (CCE), NUPRC made this known in a statement on M...

May 5, 2022 No Responses

APC Extends Sale Of Nomination Form

The All Progressives Congress (APC) has extended the sale of its Expression of Interest and Nomination forms to aspirants seeking for elective positions in 2023 general elections from May 6 to May 10.In a statement on Wednesday, APC National Publicity...

November 29, 2021 No Responses

Nissan Targets 50% EV Sales, Budgets $17.6b

Nissan Motor Company on Monday announced its plans to accelerate the electrification of its vehicle lineup and rate of technology innovation with investments of 2 trillion yen (USD 17.6 billion) over the next five years. The Ja...

November 3, 2021 No Responses

Shell To Expand Natural Gas Market, Sales In Nigeria

By ebosele@hotmail.com — Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales as part of measures to meet the rapidly growing energy needs of wholesale customers and pr...

August 2, 2021 No Responses

Hyundai Records 60,249 Sales In July

For the month of July, 2021, South Korea Auto firm, Hyundai reported a 46 percent increase in total sales at 60,249 units. According to Hyundai Motor India Ltd (HMIL), domestic sales were up 26 percent to 48,042 units as against...

September 23, 2020 No Responses

Nike Records $10.6b Revenue, Mulls Permanent Shift To Online Sales

Sportswear firm Nike has seen a huge rise in online sales as it bounces back from a coronavirus slump. The US company saw digital sales rocket 82% during the June to August quarter, offsetting falling revenue in its stores. On...

September 12, 2020 No Responses

Jaguar Land Rover Declares 28,887 Sales In August

Jaguar Land Rover on Friday reported a 15.5% year-on-year decline to 28,887 units in its global retail volumes for August 2020. According to the company, YoY drop in its retail sales across its biggest markets including North America, Ch...

April 18, 2020 No Responses

Ford Declares $2b Loss, Drop In Q1 Sales

Ford Motor Co on Friday estimated first-quarter loss of $2 billion and said it would tap debt markets to shore up its cash reserves as the coronavirus outbreak halted production and pummeled vehicles sales. According to Agency Reports, the number...

March 3, 2020 No Responses

Hyundai Delivers 275,044 Vehicles In February

For the Month of February, 2020, Hyundai Motor on Monday reported sales of 275,044 vehicles, 13% below 315,820 vehicles sold a year earlier,as the coronavirus outbreak hurt demand. South Korea’s Hyundai, which with affiliate Kia Motors is the world&#8217...

February 27, 2020 No Responses

Peugeot Records 13.2 Per Cent Increase In Profit

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. PSA...

February 8, 2020 No Responses

Suzuki Declares Drop In Sales, Profit

Suzuki Motor Corporation on Friday reported 11 per cent fall in third-quarter operating profit to its lowest in roughly three years as vehicles sales in Japan, Pakistan and Thailand slipped, while demand in India, its biggest market, stayed weak. Japan&#...

January 14, 2020 No Responses

Jaguar Land Rover Posts 557,706 Sales In 2019

Jaguar Land Rover (JLR) has posted a 6% fall in full-year sales after a challenging year in which its performance was hit by the weakening Chinese autos market and falling demand for diesel vehicles in Europe. Retail sales stood at...

January 12, 2020 No Responses

2019: Kia Delivers More Vehicles In US Market

Kia Motors, United States Of America (USA) sold 615.338 units in 2019, up 4.4-percent over last year. In terms of sales, the year 2019 was the carmaker’s third-best year since entering the US-market. In December, the company announced an 8%...