
BYD Will Be China’s Best-selling Automaker in November, While Tesla Sales Rise
In the first four weeks of November in China, BYD outsold Volkswagen (ETR:VOWG p). This reversal reveals legacy brands’ pressure in the world’s largest vehicle market.
In the first four weeks of November in China, BYD outsold Volkswagen (ETR:VOWG p). This reversal reveals legacy brands’ pressure in the world’s largest vehicle market.
Investors awaited the German business optimism index and ECB minutes on Thursday.
Halfords (LON:HFD) cautioned that its full-year underlying profitability would be lower than expected due to rising inflation and the recession.
Julius Baer declared Monday that it is on pace to fulfill its 2022 profitability objectives despite “difficult market” conditions.
Gold, Utilities, and Consumer Discretionary sectors declined after Wednesday’s closing.