Posts Tagged ‘sales’
BMW 9-month sales in China up 45%
Published on October 26, 2011 by Tycho de Feyter
The world’s largest premium carmaker BMW Group sold more than 177,000 vehicles on the Chinese mainland in the first three quarters this year to surpass its 2010 full-year tally.
The German manufacturer said in a recent statement that it delivered 165,669 BMW and 11,853 MINI cars in the first nine months, robust year-on-year growth rates of 45 percent and 60 percent.
China September Auto Sales up 19%
Published on October 14, 2011 by Tycho de Feyter
China’s automobile sales rose 19.19 percent month-on-month to about 1.65 million units in September, the China Association of Automobile Manufacturers (CAAM) said Thursday. Automobile output reached 1.60 million units last month, up 15 percent from August, the CAAM said in a statement.
Lamborghini sees China as No 1 market
Published on September 19, 2011 by Tycho de Feyter
Italy’s Automobili Lamborghini Holding SpA expects that by next year at the latest, it will be the first super sports car brand to have China as its biggest market, said Stephan Winkelmann, president and CEO.
“China is likely to be our biggest market this year, depending on sales in the next few months in our current top market, the United States.
Automaker Chery sees record exports in August
Published on September 12, 2011 by Tycho de Feyter
Chery Auto, China’s largest independent automaker, said on Sept 9 that its automobile exports hit a record high in August due to a recovering global auto market and expansion at overseas plants.
Chery exported 19,017 cars last month, an annual increase of 83.6 percent, the company said in a news release posted on its website. Read more »
GM’s China sales up 13.4 percent in August
Published on September 8, 2011 by Tycho de Feyter
US auto giant General Motors said its sales in China hit 205,885 units in August — a record for the month — up 13.4 percent from a year ago due to strong growth in passenger car purchases.
The record figure comes despite government moves earlier this year to phase out incentives such as tax breaks for small engine vehicles, originally implemented to ward off the impact of the global financial crisis.
SAIC Aug auto sales up 14% y-o-y
Published on September 8, 2011 by Joey Wang
Top Chinese automaker SAIC Motor Corp posted a 14.4 percent rise in vehicle sales in August from a year ago, it said in filing to the stock exchange late on Sept 6.
SAIC, the China partner of General Motors and one of the parterres of Volkswagen, sold 327,924 vehicles last month, up from 286,502 units a year earlier and 270,439 in July, it said.
Ford China auto sales down 7% in August
Published on September 7, 2011 by Tycho de Feyter
Ford Motor said on Sept 6 it had shipped 34,916 vehicles to dealers in August, down 7 percent from a year earlier, marking its first monthly decline so far this year.
Dongfeng: Sales are steady, profits are down
Published on September 6, 2011 by Tycho de Feyter
Top four automaker Dongfeng Motor Corp reported stronger sales growth than the industry average in the first half, but a decline in net income due to a slowing economy.
The company said last week that its revenue in the first six months increased 3 percent from a year earlier to 63.7 billion yuan, while its net profit fell 10 percent to 5.9 billion yuan.
Dongfeng profit down 10%
Published on August 31, 2011 by Tycho de Feyter
Chinese auto maker Dongfeng Motor Group Co said Tuesday its first-half profit fell 10% from a year earlier, dragged by slower growth of automobile sales as well as intensifying competition, the Wall Street Journal reported.
SAIC profits up 46.1% in H1
Published on August 30, 2011 by Tycho de Feyter
Top Chinese automaker SAIC Motor Corp reported a 46.1 percent gain in its first-half earnings thanks to brisk sales of Buick and Volkswagen models made at its Shanghai ventures.
SAIC is expected to register double-digit earnings growth for the full year, industry observers say, as pricier models made in partnership with Volkswagen and General Motors stay solid despite a cooldown of the world’s biggest auto market.
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