Gasgoo.com (Shanghai May 12) - The passenger vehicle market is closely linked with the country's macroeconomic policies, therefore without said market conditions being clear, investors are taking a more and more cautious approach. Last month, the Chinese market has encountered negative growth for the first time in over two years. According to a report in International Finance News, the Chinese Association of Automobile Manufacturers announced that 1.54 million vehicles were sold in April, a decrease of about 15 percent from March and 1 percent from 2010.
May 13 , 2011Gasgoo.com (Shanghai May 11) - China exported 67,500 vehicles last month according to a recently released report by the Chinese Association of Automobile Manufacturers, the China News reported today. The figure represents a 7.09 percent increase from last month and an increase of 69.74 percent from first quarter of 2010.
May 12 , 2011