Search Results for "sales"
Gasgoo.com (Shanghai) - BMW and Mercedes-Benz are still competing for second spot for the luxury automobile market in China. Although Mercedes-Benz’s sales actually surpassed BMW in May, they were unable to catch up to them in terms of total sales for the first half of 2016. Neither Mercedes-Benz nor BMW were able to catch up with Audi, which leads the country’s luxury automobile market.
Aug. 2 , 2016Gasgoo.com (Shanghai) - Major automobile manufacturers in the Chinese market had set their sales target well in advance early their year. Now, with half of the year already past, only a minority of those manufacturers managed to achieve at least 50% of their respective sales targets. According to statistics compiled by Gasgoo.com (Chinese), only five manufacturers reported that they had achieved over half of their sales targets: GAC Group, Dongfeng Honda, JAC Motor, FAW Toyota and Geely.
Jul. 28 , 2016Governmental subsidizes on purchase of alternative energy vehicles of BYD, one of leading automakers in China, may decrease by 50%.
Jul. 27 , 2016Data released by CPCA shows that SAIC Volkswagen, BAIC Volkswagen and SAIC General Motors rank top 3 in terms of sales volume in the first half of 2016. SAIC Volkswagen wins champion of the domestic passenger vehicle market, with the sales volume reaching 970,000 units.
Jul. 19 , 2016Liu Yan, COO of Volvo China Sales Company submitted her official resignation on July 11th, after President and CEO Fu Qiang, who left Volvo China on May 16th. Reporters learn that during their four-year cooperation period, Volvo’s annual sales volume has increased from 40,000 units to 80,000 units in China. However, the annual target of 100,000 units has not achieved, which will be a test stone for the replacer, Chen Lizhe and his team.
Jul. 19 , 2016Gasgoo.com (Shanghai) - The SUV segment continues to be one of the hottest in the Chinese automobile market, with new models being constantly introduced and competition growing increasing fiercely. According to statistics from Gasgoo.com (Chinese), a total of 3.23 million SUVs have been sold in the country from January to May, up 45.3% year-on-year. SUVs accounted for 36.2% of all passenger automobiles sold in the country over the five-month time period.
Jul. 19 , 2016