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Recent Articles

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Volvo reports September vehicle sales up 4.5% from last month to 49,536 units as demand remains robust, especially for Recharge EVs; US sales down 29.1% from a year ago to 6,627 units, with Recharge models accounting for 17.6% of total sales

Utz Brands reaffirms its fiscal 2022 outlook; company continues to expect total net sales growth of 13%-15%, organic net sales growth of 10%-12%, and adjusted EBITDA growth of 2%-5%

Moody's: Negative outlook for global shipping industry with profits 'on track to slide by 70% next year' from record highs; Baltic Dry Index down by over a third from a year ago and container prices have fallen every week since peaking at start of 2022

Subaru of America reports September US sales up 8.6% from a year ago to 54,658 vehicles sold and year-to-dates sales of 401,115, down 13.3% year-over-year; Crosstrek was top sales performer with sales growing 35.6% to 16,092 units sold

KPMG: Share of global CEOs surveyed that foresee a recession in the next 12 months at 86%; 71% of respondents projected a recession will reduce company earnings by up to 10% over the next year

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