Posts Tagged ‘sales’
Chery Auto aims for 800,000 sales in 2011
Published on January 16, 2011 by Tycho de Feyter
Chery Auto said it sold 682,000 vehicles in 2010, and has set a sales target for 2011 of 800,000 units, the Oriental Morning Post reported Friday. Meanwhile, Chery will launch five new models, as well as several self-developed electric vehicles, including EVs based on reinforced starters and/or powered by its own batteries.
The Anhui-based automaker will also put on the market the Riich G6, a mid-to-high end vehicle, this year, and will later market some more profitable products, Chery’s executive vice president Guo Qian said.
BMW 2010 Sales in China up 87 percent
Published on January 13, 2011 by Tycho de Feyter
Sales of BMW and MINI reached 168,998 units (China) in 2010, growth of 87 percent year on year, according to the company’s public report Monday.
BMW 7 series sold 26,553 units last year; monthly sales of BMW 5 series in November and December both exceeded 5,000 units; and the total sales volume stood at 42,000 units last year. MINI sold 10,509 units on a 140 percent boost year-on-year.
According to the report, there were over 200 BMW dealers in China by the end of 2010. Brilliance BMW’s production capacity will exceed 150,000 units after a new factory is put into operation in 2012. Via: GlobalTimes.
Volvo seeks 2nd home market in China
Published on January 13, 2011 by Tycho de Feyter
Volvo Cars expects China to become its biggest market as early as next year and its “second home market” after Sweden as the Chinese-owned automaker looks for sales to grow more than six times by 2015, a top company executive said.
Volvo, owned by the parent of Chinese automaker Geely Automobile Holdings Ltd, is aiming to boost sales in China to 200,000 cars by 2015 from a little over 30,000 last year, riding the wave of rapid growth in the world’s biggest market, especially for premium vehicles, the head of its China operations said. Read more »
Geely 2010 Sales up 27 percent
Published on January 12, 2011 by Tycho de Feyter
Geely Automobile Holdings Ltd, China’s largest private auto maker, exceeded its sales target in 2010 and seeks to double its consolidated profit by 2015 after its takeover of Sweden’s Volvo last year.
Yang Jian, president of Geely’s parent, Zhejiang Geely Holding Group, told a business forum in Taiwan Tuesday that the company aimed to grow its consolidated sales by 150 percent to 2 million cars and is targeting profit of 200 billion yuan ($30.21 billion) by 2015.
Geely recorded sales growth in 2010 of 27 percent from a year earlier to 415,000 units, exceeding its target of 400,000.
Beijing-Benz predicts another year of booming sales in China
Published on January 11, 2011 by Tycho de Feyter
Inspired by its strong performance in 2010, German carmaker Daimler AG’s joint venture with Beijing Automotive Group expects sales to grow more than 60 percent in the coming year.
Mark Si, executive vice-president for sales and marketing of the joint venture, told China Daily last week that it aims to sell a minimum of 80,000 Mercedes-Benz cars this year, up from 50,000 units in 2010. Read more »
Skoda 2010 Sales in China up 62 percent
Published on January 11, 2011 by Tycho de Feyter
BEIJING – Sales of Volkswagen Group’s Czech brand Skoda surpassed 200,000 cars in China last year, a 62 percent surge over 2009 and a sevenfold increase over the 27,000 cars it sold in 2007, the first year it made cars in the nation.
At first a little-known brand on the Chinese market, Skoda has now delivered 410,000 cars over three and a half years and is among the most successful brands made at a Sino-foreign joint venture. Products that suit the local market have been crucial to Skoda’s success, according to the local automotive press. Read more »
China’s 2010 auto sales up 32% to hit 18.06m units
Published on January 11, 2011 by Tycho de Feyter
Purchases rose to the highest level in the global industry’s history
China’s automobile market registered the highest annual sales in the history of the global automobile industry in 2010, far surpassing those of the United States for a second consecutive year. That came as successful stimulus measures from local governments, and a strong economy, boosted the nation’s vehicle sales by more than 30 percent.
Domestic auto sales jumped 32.37 percent to 18.06 million vehicles in 2010, said the China Association of Automobile Manufacturers on Monday. The figure far outstripped the expected 11.5 million units of sales in the US last year. Read more »
Nissan’s sales rose 36% in China in 2010, Exceed U.S.
Published on January 11, 2011 by Tycho de Feyter
Nissan Motor Co., the largest Japanese automaker in China, said its sales in the nation rose 36 percent last year to 1.023 million vehicles amid increased demand for its Teana sedans and Tiida compacts.
The automaker’s sales in China, which include deliveries by its Infiniti brand, outstripped those in the U.S. and Japan for the first time, Yokohama-based Nissan said in an e-mailed statement today. It aims to sell 1.15 million vehicles in China this year, it said. Read more »
China lifts Rolls-Royce car sales
Published on January 10, 2011 by Tycho de Feyter
Sales of Rolls-Royce cars reached record levels last year as demand in Asia soared and cash-rich buyers splashed out on bespoke models as the global economy recovered.
China has now overtaken the UK to be Rolls’ second- biggest market after the US, while Asia-Pacific is the biggest region thanks to strong growth in the UAE, India, Korea and Japan.
In 2010, 2,711 cars were sold in total, the highest level since new Rolls cars re-emerged under BMW ownership in 2003. The total is 171pc up on 2009 sales and more than double 2008′s previous record of 1,212. Read more »
Nearly 900.000 new vehicles sold in Beijing in 2010
Published on January 10, 2011 by Tycho de Feyter
A record number for Beijing but the good times are likely gone. Next year Beijing will only issue 240.000 new license plates.
Beijing’s new vehicle sales topped 891,000 units in 2010, up by 26 percent year-on-year, the Beijing News reported Monday, citing an official with the China Automobile Dealers Association (CADA).
Driven by the municipal government’s new license plate policy to ease traffic congestion, 142,000 new vehicles were sold in the capital in December, Sun Hui, chairman with the CADA tangible market branch, said on Jan 9, 2011.
