Shanghai January 13 (Gasgoo.com) With 2011 already upon us, there is an ever-increasing risk of automobile sales tapering off. Despite the boom season at the end of last year, seeing long lines of eager customers wanting to drive off with the hottest-selling vehicles, those within the industry are relatively more pragmatic in planning for the new year. Companies are more cautious than last year, with a few enterprises designation 2011 as an adjustment year. A majority of companies said that, compared to this past December, this season the automobile market may experience negative growth.
Jan. 13 , 2011Shanghai January 13 (Gasgoo.com) SAIC Motor Corp Ltd. (600104.SS) said the company’s goal for the Twelfth Five-Year Guideline (2011–2015) is to double its annual sales and marketing targets, while at the same time paying more attention to its overseas business expansion and localization research and development, dfdaily.com reported yesterday.
Jan. 13 , 2011Shanghai October 25 (Gasgoo.com) China's largest auto maker Shanghai Automotive Industry Corporation (SAIC) has in recent years created a comprehensive layout of the new energy automotive industry chain, and is planning to increase its market share in the segment to 20% by 2015, its Chairman Hu Maoyuan said at the "Drive to 2030": World Expo and Sustainable Automotive Industry Development forum, co-hosted with General Motors on October 15, the Beijing News reported Monday.
Jan. 12 , 2011Shanghai January 12 (Gasgoo.com) Research on the 2011 automobile market has shown some pessimistic results. During yesterday's "December 2010 automobile market information research forum," research institute China Passenger Car Association (CPCA) said that this year's domestic automobile sales may show negative growth of over 10%.
Jan. 12 , 2011