Search Results for "Chinese"
Gasgoo.com (Shanghai February 13) - J.D. Power and Associates predicts the market for light-weight vehicles (commercial and passenger vehicles with a weight of six tons or lower) in China to expand to 35 million units by 2018, auto.sina.com.cn reported today. The firm made the prediction on the basis of expected 11 percent growth in the domestic passenger vehicle market this year.
Feb. 15 , 2012Gasgoo.com (Shanghai January 30) - Shanghai-based Chinese dealership network Yongda Group is planning to enter the Hong Kong Stock Exchange, jrj.com.cn reported today, quoting a story appearing in Hong Kong-based daily Ming Pao. The network, one of the largest on the Chinese mainland, is planning to make an initial investment of $500 million to $600 million for the new venture.
Jan. 30 , 2012Gasgoo.com (Shanghai January 29) - Growth in the Chinese automobile market finally slowed down in 2011, with a year-on-year increase in sales of only 2.45 percent, the lowest figure the country has seen in 13 years. Ministry of Commerce statistics, as quoted by china.com.cn, reveal that 18.51 million vehicles were sold last year.
Jan. 29 , 2012