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Topic
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Industry |
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Date
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Auto industry not excited about green vehicle subsidies |
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Automotive |
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09/06/2010 |
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China has begun granting subsidies of up to RMB 60,000 a car to buyers of new energy vehicles on a trial basis in five cities, the Ministry of Finance said on June 1 in a statement on its website. |
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Growth in Chinese auto market set to slow after a robust 2009 |
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Automotive |
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28/05/2010 |
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China's passenger vehicle sales were only up 34 percent in April from the same month a year ago to 1.11 million units, after representing a year-on-year growth rate of 72 percent for the first quarter. |
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The premium auto market in China has strong potential |
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Automotive |
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12/05/2010 |
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Robust Q1 luxury car sales in China are mainly owed to an economic boom that created a new crop of Chinese millionaires and several dozen billionaires in the conutry. |
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Domestic carmakers should be cautious on capacity expansion |
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Automotive |
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17/03/2010 |
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China is officially the world's largest auto market. Vehicle sales in the country jumped to a record 13.6 million units in 2009, a 46 percent increase compared with previous year. |
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Expectation on Chinese automotive market 2010 |
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Automotive |
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21/01/2010 |
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Auto sales in China last year exceeded an unexpected 13 million units, enabling the country to surpass the US as the world's biggest auto market. As for 2010, several car manufactures including General Motor forecast around 10 percent sales growth in the country. |
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