Gasgoo.com (Shanghai) - Due to the existence of many political and economic factors, China's automobile market is experiencing drastic change. According to statistics from the China Association of Automobile Manufacturers, 1.65 million vehicles were sold in the country this September, representing an increase of 5.52 percent from the previous year. Passenger car sales made up 1.32 million of that amount, equivalent to a year-on-year increase of 8.79 percent. Although this performance is slightly better than August's, the overall trend is still quite far away from the rapid growth seen in the previous few years.
Oct. 27 , 2011Jiangsu Aerte air Conditioning Co., Ltd. was established in 2002, mainly engaged in air conditioner of buses, coaches and special vehicles. Aerter has been improving and strengthening their technology skills and building their own brand during these 9 years.
Oct. 18 , 2011Gasgoo.com (Shanghai) - Minivan sales in the first eight months of 2011 totaled 342,060 units, statistics collected by Gasgoo.com (Chinese) revealed. The segment experienced year-on-year growth of 17.2 percent, lower than the SUV segment (22.9%) but higher than sedans (8.1%). In August alone, minivan sales reached 43,323, 21.1 percent higher than last year (compared with 12.9% and 8.7% for SUVs and sedans, respectively).
Sep. 28 , 2011Gasgoo.com (Shanghai) - Following rapid growth in the Chinese automobile industry in 2009 and 2010, the first half of 2011 has seen the industry slow down considerably, as competition between manufacturers continues to accelerate. With these factors in place, what sort of changes can be expected to be seen in incomes and net profits?
Sep. 28 , 2011