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BUSINESS NEWS.(TO THE POINT)
LEISURE
Mandalay Resort to ax 4,300 jobs
Mandalay said Q3 profit will fall sharply from 38 cents a year ago. Analysts expected 35 cents. The hotel and casino operator will cut 15% of its Nevada work force. Also, 120 senior managers will take pay cuts. It's the latest hotel chain to warn as tourists cancel trips after the Sept. 11 terror attacks. It will also put off work on a 1.8-mil-square-foot Mandalay Bay convention center for six months. It's now slated to open Jan. 2003.
Marriott prepares for cost-cutting
The sharp drop in travel has forced the hotel firm to make contingency plans for layoffs and shortened work schedules, The Washington Post reported, citing sources. The moves could affect up to 20% of its headquarters staff. Marriott Int'l has shifted some workers to part-time. Before the attacks, it said revenue per room would drop 7%-10% in Q3.
RETAIL
Cendant lowers '01, '02 forecasts
- Automotive sales rose 20 per cent in 2000.
- Newspaper article from: South China Morning Post January 17, 2001 700+ words
In 2000 car and truck sales rose 20.1 per cent to 262,000 units, Krungthep...different. Mitsubishi's sales rose 57.7 per cent, Nissan's sales were up 42.6 per cent, Honda's sales rose 22.5 per cent, and Isuzu...
- Automotive sales rose 40 per cent in the first ten months.
- News wire article from: Asia Africa Intelligence Wire November 15, 2002 700+ words
...November 15, 2002 - Automotive sales rose 39.6 per cent in the first ten months...last year. Passenger car sales rose 25.3 per cent to 101,000 units. Commercial vehicle sales rose 47.2 per cent to 223,000 units. Pickup...
- Automotive sales rose 40 per cent in the first ten months - Krungthep Turakij...
- News wire article from: Asia Africa Intelligence Wire November 16, 2002 700+ words
...Press Reports) Automotive sales rose 39.6 per cent in the first ten months...last year. Passenger car sales rose 25.3 per cent to 101,000 units. Commercial vehicle sales rose 47.2 per cent to 223,000 units. Pickup...
- Automotive sales rose 37 per cent in 2003.
- News wire article from: Asia Africa Intelligence Wire January 16, 2004 700+ words
...cent from the year before. Passenger car sales rose 42 per cent to 179,000 units while pickup truck sales...Honda with sales of 69,100 units, up 27 per cent. Ford's sales rose 27 per cent to 26,100 units and Chevrolet's sales...
- Automotive sales rose 35 per cent in the first quarter - Krungthep Turakij...
- News wire article from: Asia Africa Intelligence Wire April 18, 2002 700+ words
...year. Commercial vehicle sales rose 44.6 per cent to 59,200 units, one-tonne pickup truck sales rose 43.2 per cent to 43,200 units and passenger car sales rose 17.6 per cent to 24,400 units.
- Car sales rose 24 per cent in the first quarter.
- News wire article from: Asia Africa Intelligence Wire April 20, 2004 700+ words
...Toyota Motor Thailand reported that passenger car sales rose 19 per cent in the first quarter, up to 52,300 units, while commercial vehicle sales rose 27 per cent to 95,100 units. Sales in March were up 31 per...
- Land sales rose 60 per cent in September.
- News wire article from: Asia Africa Intelligence Wire December 1, 2003 700+ words
...reported that in September land sales rose 59.5 per cent. The number of new houses...projects rose only 0.10 per cent. In the third quarter as a whole, the value of land sales rose 41 per cent, the number of new houses...
- Auto sales rose 62 per cent in September.
- News wire article from: Asia Africa Intelligence Wire October 15, 2002 700+ words
...usually the high season for car sales. In the first nine months of this year passenger car sales rose 25 per cent and commercial vehicle sales rose 44 per cent. The top three sellers were Totoya (91,500 units, up 66 per cent), Isuzu (63,800...
- Auto sales rose 62 per cent in September - Krungthep Turakij 15/10/02.
- News wire article from: Asia Africa Intelligence Wire October 15, 2002 700+ words
...usually the high season for car sales. In the first nine months of this year passenger car sales rose 25 per cent and commercial vehicle sales rose 44 per cent. The top three sellers were Totoya (91,500 units, up 66 per cent), Isuzu (63,800...
- Automotive sales rose 45.2 per cent in January - Krungthep Turakij 16/2/02.
- News wire article from: Asia Africa Intelligence Wire February 19, 2002 700+ words
In January car and truck sales rose at their highest rate in five...trucks were sold, or 45.2 per cent more than in the same period...pickup trucks was 54.2 per cent, for commercial vehicles was 51 per cent and for passenger cars was 33...