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“the most proper auto company for Michigan are the companies want to strengthen its core technology.” Nigel Francis, a Michigan auto industry consultant so expressed during interview with Tencent Auto reporter.
Oct. 23 , 2013Gasgoo.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 , 2013According to the data from China Automobile Dealers Association, the dealer stock had experienced a decrease in Sep. It means Chinese automobile market requirement is still increasing and "Golden Sep. & Silver Oct." can be expected now.
Oct. 11 , 2013According to report of of China Voice, China Automobile Association (hereinafter referred to as CAA) last statistics that Chinese auto industry sales and production will remain 10% increase, but export has decline for 4 months already.
Sep. 13 , 2013Gasgoo.com (Shanghai) - Beginning this year, the National Development and Reform Commission started commencing a crackdown on monopolies in a variety of industries, ranging from gold apparel to milk-based products. The amount of legislation targeting monopolies over the last two months has been unprecedented, with the total value of fines issued during the two month period far exceeding the combined fines for the last five years. On the heels of this success, the NDRC has its sights set on new industries for new anti-monopoly investigations: primarily the oil, telecommunications, banking and automotive industries.
Sep. 10 , 2013