Search Results for "Chinese"
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 , 2016Improvement in quality of products may guarantee success of Chinese automakers in the market place, as American media has pointed out.
Jul. 31 , 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 , 2016SGMW, one of leading automakers in China, may bring E100 to the market, the first mode of alternative energy vehicle, by the end of 2016. E100 seems more like Benz-Smart. Price of the new mode may be no less than RMB 40,000 yuan.
Jul. 9 , 2016Gasgoo.com (Shanghai) - Fiscal reports for the first quarter of the year show that a number of Chinese automobile manufacturers have suffered negative year-on-year sales growth. First quarter net profit results range from 7.93 billion RMB earned by SAIC Group on the one end to FAW Car’s net deficit of 423 million RMB on the other.
Jul. 1 , 2016Gasgoo.com (Shanghai) - A total of 647,256 SUVs sold in China in the month of May, according to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese). That figure represents continued strong year-on-year growth of 37.4%.
Jun. 23 , 2016