The sale leaves taxpayers short about $10 billion of the funds that the Treasury sank into the automaker in 2009. Washington came to the rescue of the U.S. auto sector during the darkest days of the country's 2007-09 financial crisis, as the nation was sinking further into what would become its deepest recession since the Great Depression.
Dec. 11 , 2013After the golden September & silver October, the Guangqi Honda has achieved the sales of 47,086 in November and reach the year-on-year growth of 122%. Guangqi Honda has exceeded the target for 3 months. The total sales of January to November are 368,555 and growth rate is 30%.
Dec. 11 , 2013In the Guangzhou auto show this year, the brand new K5 of Dongfeng Yueda Kia had drew the concern of whole industry. In December 5th, this brand new model had been put into the market and it is the key model of Kia in China to reach more sales.
Dec. 11 , 2013“I think China auto manufacture and sales growth has chance to exceed 10%. According to its volume, it will reach 21 million.” Yang DONG, vice president and general secretary of China Auto Industry Association told media on 7 Dec at Fotan 2020 Strategy Forum.
Dec. 10 , 2013Recently, Gang YAN, general manager of passenger car marketing company and vice president of JAC told reporter during interview that JAC has integrated four marketingcompanies together to improve its efficiency. Besides, JAC removes 3 out of 4 from 80 directors.
Dec. 10 , 2013Volvo group had released its sales data in China yesterday. Volvo China led the whole group by year-on-year growth of 69.4% and sales volume was 5999 cars. In first 11 months of 2013, Volvo cars had sold 54461 cars totally and the year-on-year growth was 44.7%.
Dec. 10 , 2013