All posts tagged: Sales

Ford’s Fathom pickup couldn’t come soon after EV sales drop 80%

Ford’s Fathom pickup couldn’t come soon after EV sales drop 80%

Published by Miika Tikkanen

The Ford Fathom is set to go on sale in early 2027, starting at about $30,000. Meanwhile, Ford’s US EV sales dropped 80% in the third quarter. Ford’s EV sales fall 80% as Fathom launch nears As Ford prepares to introduce its next-generation electric pickup next year, sales of its current EVs continued a downward spiral in the third quarter. Ford reported total Q3 sales in the US fell by 6.6%, with just under 510,000 vehicles sold. Total electrified vehicle sales, including EVs and hybrids, were down 41.3% to 50,355 units. Ford’s EV sales dropped 80%, with just 6,047 electric models sold in the third quarter. The fallout comes as Ford phases out the current F-150 Lightning. Ford sold just 289 F-150 Lightnings in the third quarter, down 97% from Q3 2025. The Trump Administration also ended the federal $7,500 tax credit last September, which led to a rush of buyers ahead of the deadline. Ford moved just 5,574 Mustang Mach-Es during the quarter, 72.4% fewer than the more than 20,000 it sold in Q3 …

Kia is Europe’s fastest-growing top 10 brand as EV sales surge 58%

Kia is Europe’s fastest-growing top 10 brand as EV sales surge 58%

Published by Miika Tikkanen

Kia is crushing it in Europe with a full lineup of electric vehicles, ranging from entry-level models to the three-row flagship SUV. Thanks to its new EVs, Kia is now Europe’s fastest-growing top 10 passenger car brand this year. Europe’s fastest-growing legacy auto brand is…Kia? The Korean automaker’s bet on electric vehicles is paying off. After launching several new models, Kia now offers an EV for nearly everyone. According to the European Automobile Manufacturers’ Association (ACEA), Kia has become “Europe’s fastest-growing top 10 passenger-car brand YTD” with 377,078 registrations between January and August 2026, an increase of 9% compared to the same period last year. Compared to the overall EU+EFTA+UK passenger car market, which grew 5.8% during the first eight months of 2026, Kia easily outpaced the average. Kia’s market share reached 4.1% through August, placing the brand ninth overall. The Korean automaker’s “outstanding performance,” according to Sjoerd Knipping, Chief Operating Officer of Kia Europe, is thanks to having “one of the broadest and most advanced electrified line-ups in Europe.” Kia’s EV lineup ranges from …

The Hyundai IONIQ 5 is still in the EV sales mix, with 31,000+ sold

The Hyundai IONIQ 5 is still in the EV sales mix, with 31,000+ sold

Published by Miika Tikkanen

The Hyundai IONIQ 5 is still one of the EVs Americans are buying the most, with more than 31,000 sold through September. Hyundai IONIQ 5 ranks among America’s top-selling EVs After the $7,500 federal tax credit expired last September, most automakers reported fewer EV sales than a year ago as buyers rushed to claim the credit, Hyundai included. Hyundai responded shortly after by reducing the price of the 2026 IONIQ 5 by up to $9,800 on some trims. While sales are still down this year, Hyundai’s electric SUV has fared better than most. Hyundai sold 2,928 IONIQ 5s in the third quarter, down 65% from the more than 8,400 it moved in Q3 2025. Through the first nine months of 2026, Hyundai sold 31,112 IONIQ 5s, 24% fewer than last year, when the $7,500 tax credit was still available. Earlier today, GM reported that sales of its best-selling EV, the Chevy Equinox EV, plunged 92% year over year, with just 1,902 sold in the third quarter. Through September, Chevy Equinox EV sales totaled 18,154, or …

Chevy Equinox EV sales plunge 92% as Cadillac’s SUVs take over

Chevy Equinox EV sales plunge 92% as Cadillac’s SUVs take over

Published by Miika Tikkanen

The Chevy Equinox EV’s run as GM’s top-selling electric car is quickly coming to an end after sales dropped 92% in Q3. GM Q3 EV sales drop across the board After reporting that Q3 sales fell by 6% with 670,974 vehicles sold in the US, GM blamed “the much smaller EV market and discontinued vehicles.” Like many automakers, GM’s EV sales were much lower than last year after the Trump Administration ended the $7,500 federal tax credit last September. Sales of nearly every GM electric vehicle were lower in the third quarter compared to Q3 2025, when the credit was still being offered. The Chevy Equinox EV, GM’s best-selling EV in 2025 and third in the US behind the Tesla Model 3 and Model Y, has quickly fallen out of favor this year. GM sold just 1,905 Chevy Equinox EVs last quarter, down 92% from the more than 25,000 it delivered in Q3 2025. Aside from the new Chevy Bolt, which added another 3,866 to the total in Q3, GM’s EV sales fell across the …

Kia’s new EV3 is just getting started after 500+ first-month sales

Kia’s new EV3 is just getting started after 500+ first-month sales

Published by Miika Tikkanen

With the 2027 EV3 now on sale and another record sales quarter, Kia said it’s “the brand to watch” in 2027. Kia sets Q3 sales record as the EV3 arrives Kia sold over 77,000 vehicles in the US last month, its best September sales month since it landed in America in 1992. In the third quarter, the company sold 221,664 vehicles, another record. Kia is now on pace for a fourth consecutive record year of sales in the US. Through the first nine months of 2026, Kia America sold 667,386 vehicles, up about 5% from the same period last year. “These monumental sales achievements can be attributed to Kia’s wide range of models and powertrains,” Kia America vice president of sales Eric Watson said. With several new vehicles now on sale, including the recently launched EV3, Watson said the momentum built in the first three quarters “makes Kia the brand to watch as we set our sights even higher in 2027.” 2027 Kia EV3 (Source: Kia) The 2027 EV3 went on sale in mid-August, starting …

Goalhanger to bring advertising sales and sponsorship in-house

Goalhanger to bring advertising sales and sponsorship in-house

Published by Sam Flores

‘The Rest Is’ producer Goalhanger is creating an in-house advertising sales operation offering partnerships across audio, video, social media, newsletters, live events and branded content.  The move away from relying on deals put together by external agencies comes as the production company reported sales of £38m in 2025 and said it is on track to reach one billion full-episode views and streams in 2026. Goalhanger director of commercial operations Josh Akers said: “We’ve been building out our in-house commercial capabilities across partnerships, delivery and creative production over the recent years to give us greater ownership of our revenue, building closer relationships with our media agency and client partners. That enhanced infrastructure will be pivotal in supporting this next phase of the business’s growth.”  Commercial deals have included incorporating hosts asking questions to Google Gemini on The Rest is Football and actor Tom Holland being interviewed by The Rest Is History host Tom Holland as part of a commercial deal with NBC Universal to promote film The Odyssey.  Head of partnerships at Goalhanger Charlotte Robbins said: “Brands come …

Strong Hong Kong Evening Sales Total a Combined 4.6 M.

Strong Hong Kong Evening Sales Total a Combined $184.6 M.

Published by Jenni Sidey

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday. The Hong Kong art market’s recovery remains uneven, with a mixed macroeconomic backdrop in Asia weighing on collector budgets, as evidenced by this week’s round of auctions in the special administrative region. Mainland Chinese equities dropped to a 13-month low this month, while the Japanese yen dipped to a multi-decade low in June. In contrast, South Korea’s economy gained traction on the back of strong semiconductor exports, while capital from the Middle East has continued to flow into financial centers like Hong Kong and Singapore amid prolonged geopolitical friction. Source link

Barcelona forecast €700m in sales from fresh VIP seat packages

Barcelona forecast €700m in sales from fresh VIP seat packages

Published by Sam Flores

Sept 25 : Barcelona expect to generate about €700 million ($798 million) in committed revenue from 2,000 long-term VIP seat licences at the revamped Camp Nou stadium, the LaLiga club said in a statement on Friday. The VIP seats will be offered under 15- or 30-year licences, with buyers making an upfront payment. Barcelona expect all the seats to be sold over the next two-and-a-half seasons. The projected revenue would be generated over the duration of the contracts, Barcelona said, as the club seeks to turn its redeveloped stadium into a major source of income. In December 2024, Barcelona agreed deals covering 475 VIP seats for up to 30 years, valued at €100 million. Barcelona said they have commercialised nearly 5,000 VIP seats, representing more than €380 million in committed revenue, with contracts for those seats varying in length. Reuters reported on Thursday that Barcelona were exploring two new sources of financing amounting to €510 million to cover rising costs and a shortfall in revenue related to the renovation of their stadium. Work on the stadium is …

Chili’s ready to open more restaurants across the US after seeing a sales explosion

Chili’s ready to open more restaurants across the US after seeing a sales explosion

Published by Daniella Wilson

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Membership today. Join today Already a member? Log in Sizzling fajitas for all! Chili’s is ready to expand across the U.S. after a major sales turnaround, with plans to add 20 to 30 locations per year through fiscal 2029, according to parent company Brinker International. The Tex-Mex chain plans to grow its restaurant count by 2 percent to 3 percent annually, Brinker CEO Kevin Hochman said during parent company Brinker International’s 2026 Investor Day, according to Restaurant Dive. The company has identified up to 300 potential sites for new restaurants, CFO Mika Ware said. While that doesn’t mean all 300 will become Chili’s, the company says it sees room to grow in those markets. The expansion follows five years of strong sales growth. Same-store sales – a measure of sales at restaurants open for at least a year – have climbed 71 percent during that time. Chili’s plans to add 20 to 30 U.S. locations a year through fiscal …