slump

Commercial vehicle sales volume to fall 3-6 pc in FY25: Report

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Commercial vehicle sales volume to fall 3-6 pc in FY25: Report

New Delhi: Commercial vehicle sales volume is expected to decline 3-6 per cent in the current fiscal due to a slump in demand, according to a report by CareEdge Ratings. The drop in sales volume is due to a slowdown in demand in both the medium and heavy commercial and light commercial vehicle segments, as … Read more

Apple’s iPhone shipments slumped in February, highlighting why CEO Tim Cook went on a charm offensive in China

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Apple’s iPhone shipments slumped in February, highlighting why CEO Tim Cook went on a charm offensive in China

Apple’s iPhone shipments in China fell by about one third in February from a year ago, according to official state data released Tuesday, a sign that the US tech giant is losing ground to Chinese smartphone brands in the world’s second-largest economy. Apple chief executive Tim Cook visited Shanghai last week in an apparent charm … Read more