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Gasgoo.com (Shanghai) - A total of 19.31 million automobiles were sold in China last year, representing year-on-year growth of 4.3 percent. Most analysts originally predicted a similar single digit sales growth rate for this year as well. However, in actuality, year-on-year growth rates for automobile production and sales volumes for the first nine months of the year ended up being 12.8 percent and 12.7 percent respectively. Those rates were even higher for passenger automobiles, reaching 13.7 percent and 14.0 percent respectively. Even if quarterly sales growth rates for the final quarter of the year remain zero, 2013's total vehicle sales volume will total 21.09 million units, representing sales growth of at least 9.3 percent. As a result, there is a good chance total sales growth rates for this year will be in the double digits.
Oct. 21 , 2013General Motors Co's (GM.N) global sales rose 4.6 percent in the first nine months of the year as strong third-quarter demand in the United States and China helped offset declines in Europe and South America, the company said on Thursday.
Oct. 18 , 2013American Honda Motor Co.’s product and marketing boss says the company needs to take more risks with marketing to create a stronger bond with consumers.
Oct. 17 , 2013Recently, SsangYong has announced 3 new models would be brought in China and one of them is the 2014 Korando entry model, whose price is only 139.8 thousand Yuan. It has become the cheapest import model in Chinese auto market.
Oct. 16 , 2013The vice president of Changan Mazda sales company, Mr. Kuang, said, the performance of Changan Mazda improves because of CX-5 coming into market, which is the first domestic model after strategy transition of Mazda in China.
Oct. 16 , 2013As reporter known from SAIC Group last week, SAIC Group has been approved as first around companies settled in Shanghai FTA at Shanghai Free Trade Area Unveiling Press Conference.
Oct. 16 , 2013