Search Results for "Chinese"
Gasgoo.com (Shanghai August 26) - Chinese electric vehicle manufacturer Levdeo announced that it would be offering direct subsidies of 10 percent to buyers of its vehicles, the Economic Daily reported today. The subsidies will reduce the price of its vehicles to just 29,800 RMB ($4,837). Levdeo has plans to begin mass commercial sales, with buyers able to customize the color and other details of their automobiles online. Experts point out that Levdeo's active stance and forward thinking attitude may allow it take advantage of business opportunities in the still fledgling new energy automobile market.
Aug. 29 , 2014Gasgoo.com (Shanghai August 21) - The luxury automobile market in China still possesses large potential for development. Furthermore, with the country now home to 26,600 multimillionaires, the second largest number in the world, automobile manufacturers from across the world have their eyes set on increasing their market share. Most of them have already begun or are planning to begin developing vehicles directly in the country to achieve their sales goals.
Aug. 27 , 2014Gasgoo.com (Shanghai) - Now the world's largest automobile market, China has long since been a major part of Volkswagen's global strategy and a major source of its total profits. The Chinese market also possesses great potential for growth, with sales and profits increasing on a daily basis. VW's performance figures over the last few years provides a good example of the rapid growth of the market.
Aug. 12 , 2014Gasgoo.com (Shanghai) - The Chinese passenger automobile market has managed to maintain rapid sales growth during the first half of 2014. A total of 8.87 million automobiles were sold in China over the first six months of the year; that figure represents positive year-on-year growth of 14.8 percent. However, while a few major automobile manufacturers have reported high growth rates, there are still several manufacturers whose performances are a little worrying.
Aug. 12 , 2014Gasgoo.com (Shanghai July 24) - Commenting on Jaguar Land Rover's startling performance in the Chinese market as well as Volvo's increasing sales in the country, Lexus China Executive Vice President Jiang Jizhe stated that he was "extremely regretful", the National Business Daily reported today.
Jul. 29 , 2014