EV Sales Will Collapse 60% In October, J.D. Power Forecasts
J.D. Power predicts a 60% EV sales drop in October from September levels. Decline follows expiration of federal tax credits ...
CNN
Against the odds, Americans are still spending
Americans still opened their wallets last month, despite persistent fears about the economy, a slowing labor market and higher tariffs. Spending at US retailers rose 0.6% in August, the Commerce ...
Electrek
Hyundai’s EV sales plunged the moment the tax credit disappeared
Even with strong demand up until the federal tax credit expired, Hyundai’s EV sales crashed last month. Hyundai, Ford, ...
Wall Street Journal
Jaguar Land Rover Sales Plunge Following Cyberattack
Jaguar Land Rover sales plunged in its latest quarter after a crippling cyberattack forced it to shut down production for several weeks, while President Trump’s trade policies and the transition of ...
M&S profits plunge after costly cyber attack
The retail giant reported underlying pre-tax profits tumbling 55.4% to £184.1 million in the six months to September 27.
Holiday sales to increase to 4.2% amid inflation concerns: National Retail Federation
American shoppers are expected to spend more during the holiday shopping season this year, but the nation’s largest retail ...
New York Post
Retail sales jump in August on surprisingly strong back-to-school season
US retail sales showed surprising strength during the back-to-school season – a sign that Trump’s tariffs haven’t yet cowed shoppers as the Federal Reserve weighs a decision on cutting rates.