Gasgoo.com (Shanghai) - China's luxury automobile market has managed to maintain strong sales growth in July. Sales growth rates of Audi, BMW and Mercedes-Benz vehicles remained in the double digits, while those of second-tier brands like Cadillac and Infiniti were even higher.
Sep. 29 , 2014Gasgoo.com (Shanghai) - Foreign branded automobiles are still continuing to hold the dominant position in the Chinese passenger automobile market. Their combined sales are around one million units every month and are continuing to grow. A total of 5.99 million foreign brand automobiles were sold over the first half of 2014. That figure represents year-on-year growth of 18 percent, which is higher than the 14.8 percent growth in the industry as a whole. Foreign brands accounted for 67.5 percent of all passenger automobiles sold in China in the first half of 2014, up 1.8 percent from the previous year.
Aug. 25 , 2014Gasgoo.com (Shanghai) - Now the world's largest automobile market, China has long since been a major part of Volkswagen's global strategy and a major source of its total profits. The Chinese market also possesses great potential for growth, with sales and profits increasing on a daily basis. VW's performance figures over the last few years provides a good example of the rapid growth of the market.
Aug. 12 , 2014




