Shanghai, November 24 (Gasgoo.com) Japanese carmaker Nissan Motor aims to boost its China sales by 20% next year as it looks to the world's largest car market for return to profitability, Reuters reported yesterday, citing a top executive of Nissan China.
Shanghai, November 24 (Gasgoo.com) Ford Motor expects sales at its passenger car joint venture in China to rise by nearly 50% this year, boosted by government incentives for purchases of small vehicles, Dow Jones reported yesterday, citing Nigel Harris, general manager of the venture.
General Motors Co. said its China sales growth will decrease dramatically next year as the incentives brought on by the government will expire by the end of the year. The automaker expects China sales to rise 15 percent in 2010 compared with a 50 percent increase in 2009, Kevin Wale, president of...
HONG KONG, Nov 24 - Asimco Technologies, an automotive components maker founded by Wall Street veteran Jack Perkowski in Beijing about 15 years ago, is now up for sale in a deal that could fetch...
Shanghai, November 23 (Gasgoo.com) General Motors said today that its China sales growth is likely to drop considerably in 2010 after a year of government stimulus-fueled growth comes to an end, Reuters reported.
* Changan Ford Mazda sees 50 pct sales jump this year * Aims to beat broader market growth rate in 2010 * To boost capacity by a third to 600,000 units by 2012 (Adds details,...
* Toyota sees 2010 China sales up 14 pct to 800,000 vehicles * Sales expected to rise 17 pct this year to 700,000 vehicles * Company trails others in China due to limited offerings GUANGZHOU,...
HONG KONG, Nov 23 - Changan Ford Mazda said on Monday that it expects its sales to jump 50 percent to 320,000 vehicles this year, amid a broader leap in China's auto sales fueled by...
GUANGZHOU, Nov 23 - Toyota Motor <7203.T> said it expects its China sales growth to slow next year, after strong gains in 2009 fueled by government incentives aimed at boosting the national auto sector during...
GUANGZHOU, Nov 23 - General Motors expects its China sales to rise 50 percent in 2009 and increase 10 to 15 percent in 2010, a company executive said on Monday. The company sold 1.5 million...