Posts Tagged ‘sales’
China car sales up 16.6% in April
Published on May 10, 2013 by Joey Wang
Passenger vehicle sales enjoyed double-digit year-on-year growth in April, with the week-long Shanghai Auto Show and the three-day toll-free Labor Day holiday boosting figures in the fourth week of the month, particularly.
Total sales of cars, sports-utility vehicles, multi-purpose vehicles and minivans accelerated 16.6 percent from last year to 1,341,900 during the month, the China Passenger Car Association said on Thursday.
Ferrari looking for more Sales in China
Published on May 9, 2013 by Joey Wang
Ferrari unveiled a five-year business strategy on Wednesday in which it hopes to increase its turnover from China and the United States, as income from Europe remains sluggish. “The Greater China market plus the Far East region will contribute 2 percent more turnover to Ferrari in the next five years, while the US will generate 10 percent more,” said Luca di Montezemolo, its chairman.
SAIC Motor profits up 10.5% in Q1
Published on May 6, 2013 by W.E. Ning
SAIC Motor Corp reported a 10.54 percent increase in net profit in the first quarter to nearly 6.2 billion yuan on revenues of 145.2 billion yuan, a 17 percent rise from a year ago. The Chinese partner of Volkswagen and GM, which also owns MG and Roewe, sold about 1.34 million vehicles in the first three months of the year, a year-on-year increase of 17 percent. Via: ChinaDaily.
Great Wall Motors profit up 73% on Strong Sales
Published on May 6, 2013 by W.E. Ning
Great Wall Motors reported net profit of more than 1.89 billion yuan in the first quarter, a 73.39 percent surge from the same period a year earlier, the company said on April 25. Statistics from China Association of Automobile manufacturers show 182,000 Great Wall vehicles were sold in the period, up 38 percent. The Haval brand sold 89,000 units in the first quarter, up 92 percent. Via: ChinaDaily.
Audi wants to sell 700.000 cars per year in China by 2020
Published on April 25, 2013 by W.E. Ning
Audi plans to boost annual sales in China, its biggest single market in the world, to 700,000 units by 2020, Chairman and CEO Rupert Stadler revealed at the ongoing Shanghai auto show.
It is a goal that many analysts view as conservative for a brand that moved more than 400,000 cars last year.However, the target is rational given the slowdown in the nation’s premium car market in the first quarter of this year.
China car sales up 13.3% in March
Published on April 11, 2013 by Tycho de Feyter
China’s auto sales in March rose 13.3 percent over a year earlier but Japanese automakers suffered more declines, an industry group reported Thursday. Customers in the world’s biggest vehicle market bought 1.6 million cars, according to the China Association of Automobile Manufacturers (CAAM). It said total sales including trucks and buses were just over 2 million vehicles.
Drivers bought a total of 4.4 million cars in the first three months of the year, up 17.2 percent from a year earlier, according to CAAM. Total vehicle sales rose 13.2 percent to 5.4 million.
New first quarter Sales Record for GM in China
Published on April 5, 2013 by Joey Wang
GM’s sales in China increased 12.6% to 290,538 units in March, the second-highest monthly sales in this market, and 9.6% during the first quarter to a record 816,373 units.
Sales of the Shanghai-GM joint venture increased 15.2% to a record 126,785 units. Sales of the SAIC-GM-Wuling joint venture were up 10.9% to 155,065 units and sales of the FAW-GM joint venture rose 12.8% to 8,369 units.
Toyota China sales Down 11.7% in March
Published on April 5, 2013 by Joey Wang
Toyota Motor Corp and its joint ventures in China sold 75,900 vehicles in the country in March, down 11.7 percent from a year earlier. Toyota sold 184,700 vehicles in China in January-March, down 12.7 percent from the same period a year earlier.
Honda China sales Down 6.6% in March
Published on April 5, 2013 by Joey Wang
Honda Motor Co Ltd and its China joint ventures sold 61,108 cars in the country in March, down 6.6 percent from a year earlier, the Japanese automaker said on Tuesday. That compares with a 27.1 percent fall in February, although figures were skewed due to the timing of the week-long Lunar New Year holidays.
Mazda China sales Down 25.2% in March
Published on April 5, 2013 by Joey Wang
Mazda Motor Corp and its joint ventures in China sold 15,734 cars in the country in March, down 25.2 percent from a year earlier, the Japanese automaker said on Wednesday. That compares with a 24.7 percent fall in February, though those figures take account the week-long Spring Festival holiday.
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