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With production and wholesale both surpassing two million units, China’s automotive market showed a strong upward trend in November, making great contributions to steady economic growth, which could be ascribed to automakers’ sprinting for their twelfth “five-years” plan as well as government policies.
Dec. 9 , 2015Gasgoo.com (Shanghai) - A total of 1.88 million passenger automobiles were sold in China in the month of October, 15.4% more than the 1.63 million sold the previous October. Growth was shared by both domestic own brand manufacturers and foreign-Sino joint venture enterprises. Sales of own brand passenger automobiles increased 27.1%. Passenger automobile sales of American and Japanese passenger automobiles increased 14.9% and 9.1%, while those of German and Korean automobiles growing 8.0% and 4.7%.
Dec. 7 , 2015