Cars
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 by a whopping 30% to 407,427 cars and SUVs during the first nine months of the year in the domestic market. At the same time, GM's passenger car sales remained stagnate at 373,945 vehicles. -Continued
However, GM managed to raise its overall sales that include commercial vehicles at its Chinese ventures by 9,3 % to 785,144 units in the first three quarters of the year.
- Gm Sells Record 227,217 Vehicles In China In April, Toyota's Sales Up 68 Percent In The Country
April turned out to be a very positive sales month in China for two of the world's largest automakers, General Motors and Toyota. The Detroit firm and its joint ventures in China set a domestic sales record for April of 227,217 vehicles, up 11.7...
- Gm Becomes First Global Automaker To Sell 2 Million Cars In China A Single Year
General Motors has set another sales record in China by selling its 2 millionth vehicle, thus making it the first global automaker to do so in a single year. However, it should be noted that this sales number was achieved by GM and its joint ventures...
- China Vehicle Sales Soar To 1.7 Million Units In March, Up 56%
China's economic recovery seems to be on a solid footing this year as total vehicle sales in the country jumped 56 percent in March rising to an impressive total of 1.734 million units, according to the China Association of Automobile Manufacturers....
- Kia Defies Crisis, Posts 8.4% Increase In 2008 Global Sales
The global economic crunch that hit most automakers in 2008 didn't have the same effect on Hyundai's affiliate Kia Motors, which recorded global sales of 1,375,738 passenger cars, recreation vehicles (RVs) and light trucks in 2008, representing...
- 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...
Cars
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 by a whopping 30% to 407,427 cars and SUVs during the first nine months of the year in the domestic market. At the same time, GM's passenger car sales remained stagnate at 373,945 vehicles. -ContinuedHowever, GM managed to raise its overall sales that include commercial vehicles at its Chinese ventures by 9,3 % to 785,144 units in the first three quarters of the year.
China is regarded as being one of the most important markets for the American automaker as it sold 1.03 million passenger and commercial vehicles or about 11 percent of its global total in 2007. And the way GM is going here in the States, it will need all the help it can get from overseas markets like China - that is, if Toyota doesn't have anything to say about it...
- Gm Sells Record 227,217 Vehicles In China In April, Toyota's Sales Up 68 Percent In The Country
April turned out to be a very positive sales month in China for two of the world's largest automakers, General Motors and Toyota. The Detroit firm and its joint ventures in China set a domestic sales record for April of 227,217 vehicles, up 11.7...
- Gm Becomes First Global Automaker To Sell 2 Million Cars In China A Single Year
General Motors has set another sales record in China by selling its 2 millionth vehicle, thus making it the first global automaker to do so in a single year. However, it should be noted that this sales number was achieved by GM and its joint ventures...
- China Vehicle Sales Soar To 1.7 Million Units In March, Up 56%
China's economic recovery seems to be on a solid footing this year as total vehicle sales in the country jumped 56 percent in March rising to an impressive total of 1.734 million units, according to the China Association of Automobile Manufacturers....
- Kia Defies Crisis, Posts 8.4% Increase In 2008 Global Sales
The global economic crunch that hit most automakers in 2008 didn't have the same effect on Hyundai's affiliate Kia Motors, which recorded global sales of 1,375,738 passenger cars, recreation vehicles (RVs) and light trucks in 2008, representing...
- 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...