Cars
China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent compared to the same period last year while sales rose 23.31 percent to 4.37 million. Local analysts believe that the trend will continue throughout the year with both sales and production topping a record 8.5 million vehicles by the end of 2007. China became the world’s second-largest automobile market in 2006 when sales reached 7.28 million units surpassing the then No2, Japan. Industry experts believe that sales of passenger vehicles in China will maintain this kind of high-speed growth (15 to 20 percent) for at least 10 years meaning that it won’t take long for China to become No1. God save the earth…
Via: CAAM
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Volkswagen Sells A Record Two Million Vehicles Since January
Global vehicle sales by the Volkswagen passenger car brand rose 12.2 percent to a record-high of 2.09 million units in the first five months of the year, compared to 1.86 million the same period in 2010. More than a third of those vehicles were delivered...
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Chinese Auto Sales Also Drop In November
When sales fall in China -the world's fastest growing market- then you know for sure that something is badly wrong with the global economy. According to the China Association of Automobile Manufacturers (CAAM), the country's car sales dropped...
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Toyota Outsells Gm In China In The First Nine Months Of 2008
China is yet another significant market were General Motors is losing ground to Toyota. According to a report from Bloomberg citing data issued by the China Association of Automobile Manufacturers, Toyota's two Chinese auto ventures raised their sales...
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Gm’s Q1 Global Sales 1% Down At 2.25 Million Vehicles
The General announced that it sold 2.25 million cars and trucks around the world in the first quarter of 2008, down less than one percent compared to the previous period. Strong first quarter sales in GM's Latin America, Africa and Middle East and...
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China's Top Sales Tandems
Shanghai Auto continues its dominance in the Chinese marketplace - with the help of two massive outsiders. Shanghai GM ("importers" must participate in joint ventures to gain permission to sell and build in China) tops the list of China's top ten...
Cars