Market & Industry
2014 Chinese new energy vehicle sales set to top 60000 units, market draws attention from various manufacturers

Gasgoo.com (Shanghai December 30) - A total of 53,000 new energy vehicles were sold in November, Economic Observer News reported today. New energy passenger automobile sales grew 70 percent. Pure electric automobiles sales grew sevenfold, while those of hybrids grew 25 times. Total new energy sales for the year look to break the 60,000 sales barrier.

Jan. 5 , 2015
Chinese own brand manufacturers face tough times as export sales fall

Gasgoo.com (Shanghai December 25) - Recent news of the depreciating ruble is making things even more difficult for struggling own brand manufacturers. According to statistics from the China Association of Automobile Manufacturers, Chinese automobile exports for the first 11 months of the year fell 9.3 percent. A total of 810,000 vehicles exported by China, with 478,000 vehicles of those being passenger automobiles and the remaining 332,000 commercial vehicles. Passenger and commercial vehicle exports declined 12.8 percent and 3.8 percent, respectively.

Dec. 30 , 2014