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BYD beats Tesla in European EV sales despite higher tariffs: Report newsthirst.

Though the difference between the two brands’ monthly sales totals is relatively small, the implications of BYD beating out Tesla “are enormous,” says Felipe Munoz, global automotive analyst at JATO Dynamics. Jaap Arriens | Nurphoto | Getty Images Despite incurring a higher tariff rate than Tesla, Chinese electric vehicle maker BYD sold more pure battery…

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Kering slightly beats fourth-quarter forecasts but sales at embattled Gucci brand plunge 24% newsthirst.

A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024.  Bloomberg | Bloomberg | Getty Images French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The high-end fashion group, whose brands…

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