China exported 61,000 automobiles in the first quarter of 2009, indicating a plunge of 62.06% year on year, according to statistics unveiled by the Chinese Auto Industry Association. Auto exports in the first two months of 2009 fell 62.87% from a year earlier to 41,900 units, while export revenue in the same period...
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, sold 32,087 vehicles in March, representing a year-on-year growth of 231%, sources reported.The record monthly sales also represent a 35% increase from 26,202 units in February, making BYD the best-selling...
BMW AG, the world's largest maker of luxury cars, said on Friday its sales increased 13.8% year on year to hit 16,580 units from 14,574 units in the Chinese mainland in the first quarter of 2009, Reuters reported. The automaker said it sold 15,850 vehicles of BMW brands, including 8,402 BMW 3 Series and 5 Series...
The Renault鈥揘issan Alliance recently has signed an agreement with the Chinese government to sell electric cars in China in early 2011, following the government's incentives to promote the use of clean energy vehicles in the country, sources reported.Under the agreement, the Franco-Japanese alliance will...
Unit sales jumped 14.4% during the first quarter of this year.
Daimler AG, the world's second-largest maker of luxury cars, said on Wednesday that sales of its Mercedes-Benz luxury cars in China jumped 50% year on year to reach 5,000 units in March, setting a record high in monthly sales, Reuters reported. Sales of Mercedes-Benz cars in mainland China and...
General Motors Corp on Wednesday posted a year-on-year growth of 24.6% in its China sales in March, a record high for monthly sales, as the Chinese government's stimulus plans boosted the market, Reuters reported.GM said it sold 137,004 vehicles in China last month, with its SAIC-GM-Wuling joint venture...
Beijing Hyundai Motor Co Ltd said on Thursday that it sold 41,881 vehicles in March, representing a year-on-year growth of 70%, the highest growth rate since its entry into China in 2002, sources reported.Beijing Hyundai said sales of its Elantra and Accent brands hit 13,984 and 18,917 units, respectively, becoming...
Shanghai General Motors Co Ltd (Shanghai GM), the joint venture between General Motors (GM) and Shanghai Automotive Industry Corp (SAIC), said on Thursday that its car sales in the first quarter of 2009 increased 12.9% from the fourth quarter of last year to 117,000 units.Its monthly sales in March hit 46,054...
Daimler AG, the world's second-largest maker, has recently won the approval from China Banking Regulatory Commission (CBRC) to run car leasing business in the country, making it the first automaker to offer such service in China, the Wall Street Journal reported.Damiler's unit Mercedes-Benz Auto Finance...