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China's Mechanical Industry Posts Fast Growth

Feb 19, 2017

China's mechanical industry developed rapidly last year, buoyed by the fast-growing auto and electrical appliance segments, China Machinery Industry Federation said Thursday. The auto sub-sector contributed nearly 60 percent of the ...

Tags: mechanical industry, passenger cars

China's Car Sales Growth to Slow in 2017

Jan 1, 2017

Automobile sales are expected to slow next year after a boom in 2016, the Ministry of Commerce (MOC) said Thursday. Growth in auto sales in 2017 could slow to an annual 2 percent to 6 percent, said MOC spokesperson Shen Danyang, citing ...

Tags: Automobile, Car Sales

China Auto Output, Sales Set New Records in 2016

Dec 19, 2016

Auto sales and output in China, the world's biggest auto market, continued to expand during the first 11 months, hitting an all-time high. From January to November, about 25 million cars were sold in China, up 14.1 percent year on year, ...

Tags: Auto Output, Auto Market

China Passenger Car Sales on The Rise

Aug 15, 2016

China's passenger car sales are on the rise, according to the China Passenger Car Association (CPCA). Auto sales growth reached 23.3 percent in July year on year, the third consecutive month of double-digit growth and the highest in 17 ...

Tags: Passenger Car, Car

IHS Says Brexit Could Cost Automakers 2.8 Million Vehicle Sales Through 2018

Jul 5, 2016

IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...

Tags: IHS, Brexit

China's Apparent Oil Demand Posts Fastest Growth

Feb 2, 2016

China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...

Tags: oil demand, fuel oil

Eco-Friendly Cars and Self-Driving Tech Stars in 2015

Dec 31, 2015

Eco-friendly cars and self-driving technology became the hot topics for the international automobile industry in 2015. In January at Detroit's North American International Auto Show, over 40 new vehicles were unveiled. They included a ...

Tags: Eco-friendly Cars, Self-driving

European Auto Sales up 14% in November; Platinum and Palladium to Gain: EAMA

Dec 16, 2015

The European passenger car market recorded almost 14% more registrations in November than in the same month of 2014, the European Automobile Manufacturers Association reported Tuesday, which should help boost demand for platinum and ...

Tags: auto catalysts, platinum, palladium

China Auto Sales to Resume in 2016: Fitch

Nov 24, 2015

Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...

Tags: auto market, SUVs

The Net Profit of Dongfeng Grows 93% in Jan. -Jun. 2015

Sep 15, 2015

According to the semi-annual report by Dongfeng Motor on 29 Aug.2015, the operation income of this builder adds up to 7.8 billion Yuan RMB, year-on-year growth of 12.95% down in the first half of 2015. During this period, it sells vehicles ...

Tags: Dongfeng Motor, diesel engines

The Net Profit of Dongfeng Grows 93% in Jan.-Jun.

Sep 6, 2015

According to the semi-annual report by Dongfeng Motor on 29 Aug.2015, the operation income of this builder adds up to 7.8 billion Yuan RMB, year-on-year growth of 12.95% down in the first half of 2015. During this period, it sells vehicles ...

Tags: Dongfeng Motor, Light Trucks

Beiben Heavy Trucks Favored by Ningbo Logistic Companies

Sep 1, 2015

The related executives of Ningbo Feida Auto Sales Company came to visit Beiben Group with the delegates from the local logistics enterprises in the accompany of Chen Min, manager of Zhejiang Branch Company of Beiben Marketing Company on 24 ...

Tags: Heavy Trucks, Ningbo Logistic Companies

China Auto Sales Set a New 17-Month Low Record

Aug 12, 2015

China auto sales hit 17-month liw in July, extending a slump in the woorld's largest auto market as deeper discounts failed to revive demand. Sedan sales tumbled 14%, while sport utility vehicles deliveries climbed 39%. Retail deliveries ...

Tags: auto sales, BWM

Hyundai Motor Slashed Two SUV Variants' Prices in China by 11.8%

Aug 7, 2015

South Korean automotive giant Hyundai Motor has slashed two SUV variants’ prices in China by 11.8%, while Japanese automobile major Toyota has voiced against being optimistic about profitability, against the backdrop of sales slump in ...

Tags: Hyundai Motor, SUV

Shaanxi Auto Cargo Van '100 Cities' Introduction Meeting Was Held in Jinan on July 18

Aug 4, 2015

Shaanxi Auto cargo van “100 Cities” introduction meeting was held in Jinan on July 18, and this is the first leg in Linyi City. Shaanxi Auto Sales Company deputy GM Liu Xiangtao, together with other leaders, dealers, customers ...

Tags: Auto Trucks, Auto cargo

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