Gasgoo.com (Shanghai) - With the new year less than a week away, it has now become evident that, as far as the Chinese automotive industry is concerned, 2012 was a continuation of trends from the previous year. Final automobile sales growth rates look to finish around five percent. Although 2012 marks the second consecutive year of low sales growth rates, many in the industry still hold high prospects for the country, believing that there is still a great deal of potential for future development.
Dec. 28 , 2012Gasgoo.com (Shanghai) - Despite a recent decline in anti-Japanese sentiment, initially instigated by the Diaoyu Islands dispute, Chinese sales of Japanese automobiles have yet to recover. Furthermore, relationships between the two countries still remain very tense, meaning that a new wave of demonstrations advocating the boycott of Japanese goods could flare up again at anytime. According to September performance reviews, sales of Toyota, Honda and Nissan vehicles in China fell over 35 percent over the month.
Nov. 10 , 2012