Chinese-made car sales are rapidly increasing in the UK, driven by competitive pricing and advanced technology. Consumers like Izzy Woodrow and Chris Smith praise the value, while analysts note the absence of EU tariffs on plug-in hybrids provides an advantage for brands like Geely and BYD.
Suzuki Motorcycle India reported a 21% year-on-year increase in total vehicle sales for June, reaching 1,15,030 units. Domestic sales grew 23% to 91,264 units, and exports rose 12% to 23,766 units, driven by strong customer demand.
TVS Motor Company's total sales for June 2026 rose by 47% to 590,003 units, driven by a 47% increase in two-wheeler sales. Domestic sales grew 46%, electric two-wheeler sales tripled, and the company achieved its highest-ever quarterly sales in Q1 FY27.
Maruti Suzuki India saw a 19.3% year-on-year increase in total sales for June, reaching 2,00,390 units. This growth was driven by strong domestic demand across passenger and light commercial vehicles, as well as a 13% rise in exports.
Global EV sales surged due to the Middle East oil crisis, with Australia seeing a 150% jump. Despite record sales and falling battery prices, concerns persist regarding battery costs, fire risks, road damage, and exploitative critical mineral supply chains, particularly cobalt from the Democratic Republic of the Congo.
Listed private manufacturing companies in India saw sales jump 14.5% in Q4 FY26, led by automobiles, electrical machinery, and non-ferrous metals. Overall non-financial companies grew sales by 13.9%. Input cost pressure rose due to higher raw material expenses, while staff costs moderated.
Indian auto sales, including cars, utility vehicles, and two-wheelers, saw strong double-digit growth in May. Passenger vehicle sales rose 27% to 438,854 units, driven by a favorable base effect, GST rate cuts, and easier financing.
Convenience stores near Seoul's Gwanghwamun Square experienced a significant sales boost on June 12th, coinciding with a public viewing event for the World Cup match between South Korea and Czech Republic. Sales of beer, snacks, and convenience foods saw dramatic increases, with some stores reporting up to 180 times higher beer sales. Umbrella sales also surged due to the hot weather.
BYD saw a 232% surge in vehicle registrations in Germany in May, with one in seven plug-in hybrids sold coming from the Chinese automaker. The company aims to become the world's largest carmaker by volume within five years.
Japanese consumers are rushing to buy air conditioners before stricter 2027 energy efficiency standards take effect, leading to a surge in sales and installation delays. Supply chain issues related to naphtha are further complicating the situation.
BYD, the Shenzhen-based EV maker, has seen a strong rebound in overseas deliveries, surging 76% year-on-year to nearly 300,000 units in April and May. This recovery, driven by rising oil prices due to the US-Israel war with Iran, has bolstered founder Wang Chuanfu's ambition to become the world's largest carmaker by 2030.
US markets showed resilience as tech stocks faced pressure, with Broadcom and CrowdStrike pulling back post-earnings. Costco reported strong May sales, up 8.7%, driven by traffic and gasoline savings. Investors anticipate Friday's jobs report.
Tesla's Shanghai Gigafactory saw a 39.4% year-on-year increase in EV sales in May, delivering 85,982 units. This growth aligns with a broader recovery in China's EV market, with total passenger EV sales rising 12% year-on-year.
Online sales for cars and car accessories have seen a dramatic increase of 154.8%, while overall e-commerce grew by 10%.
Rising fuel costs are driving a surge in electric car sales in France, particularly in the used market. Consumers are seeking significant savings on monthly expenses, with some reporting savings of up to 150 euros per month.
South Korea saw electric vehicle sales more than double (2.4x) in March-April compared to the previous year, driven by rising oil prices due to Middle East tensions. Japan's EV sales also increased by 50% in the same period.
Tesla and BYD reported significant sales increases in May, with Tesla's registrations in France jumping 655% and BYD's overseas sales rising 80%. This rebound supports a broader recovery in the European electric vehicle market, driven by policy support and consumer demand.
India's electric car sales jumped 79% in May to 26,319 units, driven by high fuel prices. Tata Motors and Mahindra & Mahindra increased market share, controlling nearly 62% combined. Newcomer VinFast also saw growth, while JSW MG Motor and Hyundai Motor experienced declines.
UK businesses are increasingly installing solar panels, driven by soaring energy costs and geopolitical instability. Companies are viewing solar as a major investment to control long-term electricity expenses, with payback periods of under four years cited.
In the 20th week of the year, Russia saw a 7.4% rise in motorcycle registrations, attributed to the start of the season. New car sales remained stable with a 12.4% year-on-year increase, while LCV and truck sales experienced significant declines.
Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the city’s real estate sector amid uncertainties over interest rates and the US-Israel war on Iran. A total of 8,692 transactions across homes, offices, shops, car parking spots and industrial spaces were concluded last month, up 12.3 per cent from March’s 7,737 deals, according...
Used EV sales jumped 27.7% in March from a year earlier as prices drop toward parity with gas-powered cars. The average used EV now costs $34,653, only $1,102 more than the average used gas car, down from a $3,923 premium a year ago. Federal tax credits for EVs ended in September 2025, but state incentives remain. Forty-four percent of used EVs sold for under $25,000 in March, up from 39% in December.
Quick-commerce platforms like Zepto are reshaping India's pharmaceutical retail by capturing repeat-use wellness categories, though overall sales remain flat. Data shows wellness brands gained mid-to-high single digit growth (Aug 2025–Mar 2026) while acute-care brands declined. Zepto launched 10-minute medicine delivery in August 2025 across key metros, competing with PharmEasy and Tata 1mg. The OTC market is projected to double to Rs 98,000 crore by 2030, driven by digital migration for wellness products.
Apple reported 17% sales growth to $111bn in Q1, with China sales up 28%. Outgoing CEO Tim Cook called iPhone 17 the most popular launch in company history, while the new Macbook Neo is seeing off the charts demand. Cook announced Apple Intelligence will update later this year, integrated with Siri, and revealed the company is partnering with OpenAI and Google rather than building its own AI model. Reddit CEO noted 200 million Americans visit weekly.
