• Ferrari drives to sell 600 units in China

    Source: Shanghai Daily Published: January/17/2011 08:38 Comment Ferrari drives to sell 600 units in China

    Ferrari SpA said it aims to boost sales in China to 600 units this year and hopes to drive the world's largest auto market to become its second-largest market.

  • FAW-VW sees sales of VW cars soar 35% in 2009

    Source: Gasgoo Published: December/29/2009 09:01 Comment

    FAW-Volkswagen recently announced that full-year sales of its Volkswagen-badge cars in 2009 will grow at least 35 percent over last year to around 527,000 units.

  • China sells 2 mln e-bikes a year, surpassing car sales

    Source: Global Times Published: December/16/2009 17:10 Comment

    While China is on target to sell more than 12 million cars this year, it is also on track to sell 20 million e-bikes, if trends hold from 2007 and 2008, when 20 million e-bikes were sold each year, the Washington Post reported.

  • Sales tax hike not expected to dent 2010 auto sales

    Sales tax hike not expected to dent 2010 auto sales

    Source: Global Times Published: December/14/2009 22:33 Comment

    China's decision to partially roll back a tax break for small car purchases in 2010 may push the already hot auto market to a higher level at the end of 2009, and will have little impact on sales next year, said analysts and auto companies.

  • After 40 years, Dongfeng production and sales top 10m units

    Source: Global Times Published: December/11/2009 09:03 Comment

    According to Dongfeng Motor's latest statistics released Thursday, after 40 years of development, the domestic automaker has produced and sold more than 10 million vehicles.

  • Xiali 2009 sales over 210,000 units

    Source: Global Times Published: December/07/2009 18:05 Comment

    Wang Gang, general manager of Tianjin FAW Xiali Automotive Co., Ltd. said the company's sales in 2009 is expected to reach more than 210,000 vehicles. He made the remark during the launch of the Xiali N5.

  • Hyundai Kia raises China sales target by 25 % next year

    Hyundai Kia raises China sales target by 25 % next year

    Source: Global Times Published: December/01/2009 17:42 Comment

    Hyundai Kia Automotive Group hopes to increase its China car sales by 25 percent and achieve sales of over 1 million units in 2010.

  • Vehicle sales tax rebates to extend into 2010

    Vehicle sales tax rebates to extend into 2010

    Source: Global Times Published: November/30/2009 08:07 Comment

    Tax policies encouraging consumers to purchase fuel-efficient vehicles that were set to expire at the end of the year will be continued into 2010, a Xinhua-run financial newspaper disclosed over the weekend.

  • Dongfeng Honda expects to surpass 200,000 units sold in 2009

    Source: Global Times Published: November/26/2009 16:26 Comment

    Seiji Kuraishi, president of Dongfeng Honda, said the daily production capacity has reached 1,000 units, and the annual production capacity was raised to 240,000 units from 200,000 units.

  • SAIC may sell 2.65 mln vehicles this year, up 30%

    Source: Gasgoo.com Published: November/25/2009 08:47 Comment

    SAIC Motor Corp, China's largest automaker, expects its sales this year to rise 30 percent from last year to 2.65 million vehicles, Xinhua News reported yesterday, citing a company official.

  • Toyota sees China '10 sales growth slowing

    Toyota sees China '10 sales growth slowing

    Source: Global Times Published: November/25/2009 08:27 Comment

    Toyota Motor said it expects its China sales growth to slow next year, after strong gains in 2009 fueled by government incentives.

  • GM: China sales growth to drop off in 2010

    Source: Global Times Published: November/24/2009 17:27 Comment

    General Motors Co. expects China sales to rise 15 percent in 2010 compared with a 50 percent increase in 2009, Kevin Wale, president of GM's China operations, said in an interview at the Guangzhou Auto Show.

  • Volkswagen: Skoda sales in China reach 100,000 units

    Source: Global Times Published: November/18/2009 16:14 Comment

    Due to the rapidly growing market boosting the auto industry, sales of Skoda increased 93 percent from a year earlier to 95,677 units. Volkswagen said in a statement that 2008 sales were 59,284 units.

  • Sinotrust: 2010 auto sales to increase 15% to 15 million units

    Sinotrust: 2010 auto sales to increase 15% to 15 million units

    Source: Global Times Published: November/18/2009 11:36 Comment

    October was the eighth consecutive month this year for China’s auto market to reach 1 million vehicle production and sales, although compared with the month before, China's October vehicle sales declined 7.92 percent.

  • China auto sales could reach 12m in 2009

    Source: Global Times Published: November/13/2009 10:37 Comment

    Qian Zugen, assistant secretary general of the Shanghai Automotive Trade Association predicted at a news conference November 12 that China could sell 12 million vehicles by year end to surpass the US to be the world’s No. 1 auto market.

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