No doubt that Korean auto is a winner of Chinese auto market this year. According to China Association of Automobile Manufacturers statistics, Korean car has sold 1.29 million accumulated from Jan to Oct this year, which has increased 21.96%.
Nov. 26 , 2013General Motors CEO Dan Akerson predicts that GM will gain U.S. market share in 2014 as a slew of new and redesigned vehicles hit the market.
Nov. 25 , 2013Although oligopolisticwent away and never come back, Chinese auto market grows 10% in complicated 2013. There is no policy benefit, water crowded out sales report resource from marketing battle.
Nov. 25 , 2013Chinese auto export is slack this year. It may be the wakeup call for Chinese owned brands overseas strategy.
Nov. 25 , 2013Japanese cars are no longer the leader in southern China, just as in other markets. There are few differences between Japanese cars and others. Although the sales in October of Japanese cars are satisfying, it is far from the time to celebrate. Diaoyu Island issue and losing market of southern China are still problems for Japanese cars. Mr. Jia, the chief analyst of the development of Chinese auto industry consulting company, told the reporter “Japanese cars no longer have superiority in market of southern China."
Nov. 25 , 2013In 16th November, Mr. Lv, the president of Dongfeng Peugeot, told the reporter, the sales of Dongfeng Peugeot was 220 thousand in first 10 months of 2013 and achieved the year-on-year growth of 30%, exceeding the sales of the whole 2012. So we raised the sales target to 270 thousand this year. According to the data from CAAM, the sales of passenger cars are 14455.1 thousand in first 10 months of 2013 and achieve the year-on-year growth of 14.99%.
Nov. 20 , 2013