Search Results for "M"

Structural Imbalance in the Chinese Automobile Industry May Lead to Overcapacity of 20 Million Units of Vehicles

here has been structural overcapacity in the automobile industry in China, according to Chinese authorities. In 2015, production capacity of 37 leading automakers, of which production has accounted for 99% of the Chinese market, is expected to be 31.22 million units, including 25.75 million units of passenger vehicles, of which the utilization rate is 81%, and 5.47 million units of commercial vehicles, of which the utilization rate is only 52%.

Aug. 9 , 2016
Analysis: The struggle of French brands in the Chinese passenger automobile market

Gasgoo.com (Shanghai) - Over 10.65 million passenger automobiles have been sold in China over the first six months of the year, as China Passenger Car Association sales statistics compiled by Gasgoo.com (Chinese) show. That figure represents year-on-year growth of 11.6%.

Aug. 4 , 2016
China Likely to Reduce Per Litter Prices of Refined Oil Price Drop May between 150 RMB yuan and 205 RMB yuan

Analysts believe China may cut the price of refined oil on Friday in response to a drop in global prices of crude oil. The decrease in price of refined oil is expected to be between 190 RMB yuan and 210 RMB yuan per ton.

Aug. 4 , 2016
GM’s sales volume increases 5.3% during the previous six months, while market share decreases for a consecutive third month in China

GM published its global performance report recently, which shows its net profits for ordinary shareholders reaches USD 2.9b during 2016 Q2, increasing 157% with USD 1.1b in the same period of last year.

Aug. 4 , 2016