Stimulus policies spurring Chinese domestic consumption will be maintained in 2010, while high sales growth of home appliances and automobiles due to the stimulus packages will not affect consumption, analysts predict […]
Tag: China Association of Automobile Manufacturers
China’s automobile market continued its robust growth in October, with passenger vehicle sales clocking a year-on-year growth of 79.6 percent, and provided enough indications that China is well on its way to occupy the top perch as the largest automobile market in the world […]
Sales of China’s domestically made automobiles totaled 1.09 million units in July, up 63.57 percent compared with the same period of last year, the China Association of Automobile Manufacturers (CAAM) said recently […]
Europe’s largest auto maker Volkswagen AG said recently its sales in China rose 9 percent year on year to a record monthly high in March, buoyed by the country’s overall strong demand for cars. New vehicles sold in China totaled 112,466 units in March, the first month of this year that saw sales exceeding 100,000 units, said the Volkswagen Group China in a statement […]
China Association of Automobile Manufacturers said on recently that between January and June 2008, the country sold 3.61 million passenger motor vehicles, a growth of 17.07 percent over the same period a year previous. The growth rate, however, was 5.19 percentage points lower than the 22.26 percent level recorded in the same period last year […]
China’s passenger-car sales rose 20.41 percent for the first quarter from a year earlier, led by two ventures of Volkswagen AG, the China Association of Automobile Manufacturers said recently. Domestic car makers sold a combined 1.85 million passenger cars, including sedans, multi-purpose vehicles, sport utility vehicles and crossovers during January to March, compared with 1.53 million units for the same period of last year, the official auto association said…