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Tata Motors said on Tuesday it's British luxury unit Jaguar Land Rover (JLR) achieved retail sales of 123,483 vehicles in Q4 fiscal 2020-21, 12.4 percent higher than the same quarter last year. China sales were up 127 percent compared to a year ago when that market was heavily impacted by Covid-19. Sales in North America were also up year-on-year (plus 10.4 percent) while other regions remain lower than pre-Covid levels, including overseas markets (minus10 percent), the UK (minus 6.8 percent) and Europe (minus 4.9 percent). For the full 2020-21 fiscal year, JLR global retail sales totaled 439,588 vehicles, down 13.6 percent on the previous year as a result of the impact of the pandemic. Growth in China was strong with retails reaching 111,206 vehicles, up 23.4 percent year-on-year. Sales in other regions have not yet recovered to pre-Covid levels with North America down 14.3 percent and the UK, Europe and overseas markets each down more than 20 percent. "Despite very … [Read more...] about JLR retail sales up 12% in Q4, continuing recovery from Covid-19 impact

Nvidia Corp's first-quarter revenue will be above its earlier forecast of $5.3 billion, the chipmaker said on Monday, as it benefits from strong demand for chips that power data centers and cryptocurrency mining. The company's shares, which rose on the back of a slew of product announcements during the session, were trading nearly 6% higher. Demand for Nvidia's gaming graphic chips has soared during the COVID-19 pandemic, but the bigger boost to its sales has come from an aggressive push into artificial intelligence chips, which handle tasks such as speech and image recognition in data centers "While our fiscal 2022 first quarter is not yet complete, Q1 total revenue is tracking above the $5.30 billion outlook," Chief Financial Officer Colette Kress said in a statement. Nvidia's unit that supports cryptocurrency mining is now expected to report sales of $150 million in the quarter, up from previous forecast of $50 million, the company said. The company's upbeat … [Read more...] about Nvidia expects first-quarter sales to exceed $5.3 billion

Poco X3 Pro is set to go on another flash sale today. The smartphone will be up for purchase on the e-commerce platform Flipkart at 12pm. The handset succeeds the Poco X3 and comes with a starting price of Rs 18,999. The base model of Poco X3 Pro packs 6GB RAM and 128GB internal storage. It is priced at Rs 18,999. Similarly, there is an 8GB RAM variant as well which can be purchased at Rs 20,999. As part of the sale today, buyers can get flat Rs 1,000 off on ICICI Bank credit cards. Flipkart Axis Bank credit cardholders can avail 5% cashback on the phone’s purchase. Easy buying options include both no-cost EMI and standard EMI. Zero cost EMI for Poco X3 Pro starts at Rs 3,167 per month. Poco X3 Pro: Specs Poco X3 Pro has a 6.67-inch FHD+ Smart display. The phone’s screen has a variable refresh rate of 120Hz and comes with a layer of Corning Gorilla Glass 6 on the display. It is powered by Qualcomm Snapdragon 860 octa-core chipset with Adreno 640 GPU graphics … [Read more...] about Poco X3 Pro with Snapdragon 860 to go on sale today at 12pm via Flipkart

Hyundai Accent remains the best-seller (Photo: hyundaidongdo-24h.com) Hanoi (VNA) - Hyundai Thanh Cong’s automobiles sales in March expanded 125 percent month-on-month, lifting its sales in the first quarter of 2021 to 15,886 units, data released on April 12 showed. Specifically, Hyundai Accent remained the best-seller with 2,094 units sold in March, bringing the total sales to 4,808 in the first three months of this year. Its price ranged from 426 – 524 million VND (18, 451 - 22,696 USD), competing directly with Toyota Vios, Honda City, Nissan Sunny and Kia Soluto, Mitsubishi Attrage and Suzuki Ciaz. Hyundai Grand i10 recorded a sale growth of 152 percent with 1,293 units delivered to customers in March, pushing the total to 3,199 in Jan-March.  Competing directly with Vinfast Fadil, Kia Morning, Toyota Wigo and Honda Brio, the brand fetched 315 – 415 million VND (13,643 - 17,975 USD) each. Other models also witnessed remarkable growth. Hyundai Tucson and Hyundai … [Read more...] about Hyundai automobile sales rise125 percent in March

The state Senate gave initial approval Monday to a measure designed to crack down on advertisements online for illicit marijuana sales. The bill — Senate Bill 15 — would create a new criminal offense for a person to advertise the sale of marijuana without a retail license. As a level 2 drug misdemeanor, a person convicted would face up to one year in jail and a fine as high as $750. Sen. Irene Aguilar, a Denver Democrat and the bill sponsor, told lawmakers that more than 690 ads for marijuana in Denver were found on Craigslist, a popular online classified advertising website. “With passage of this bill, it will give law enforcement the authority to go in and check on those folks,” she said. Sen. Bob Gardner, R-Colorado Springs, called the issue a “serious, serious problem.” “We are talking about the fact that we have people advertising the sale of marijuana who are not licensed to sell marijuana,” he said. “That’s called drug dealing, frankly.” Colorado’s revenue … [Read more...] about Bill makes it a crime to advertise marijuana sales without a license