GM’s sales have jumped to 260,018 vehicles in November bringing the total of car sales in China to 2.593 million in the first 11 months of the year, up slightly over the first 11 months of 2011 where 2.547 million GM vehicles were sold.
Shanghai GM sold 136,444 vehicles in November as demand jumped 20% on a year on year basis. Wuling vehicles fell…
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Playing the sales goal stakes in China is a high pressure game, the first to move is always the big looser. Dongfeng Peugeot announced yesterday that they would drop their sales goal from 240,000 units in 2012 to 230,000 units, a move that is unusual to say the least. Peugeot are planning to focus on the 508 mid size sedan as a big mover in 2012, the…
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From MarketWatch:
Chinese battery and car maker BYD Co. said Monday it expects its car sales to grow over 10% this year on the back of new car models being launched.
However, BYD Chairman Wang Chuanfu told reporters the company’s profitability will continue to be dragged by its solar business into the second quarter. The company…
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From Bloomberg:
China’s passenger-car sales rose at the slowest pace in six months, as monetary tightening and the removal of government incentives dented demand at Chery Automobile Co. and Honda Motor Co. (7267)
Wholesale deliveries, including sport-utility vehicles and minivans, gained 0.3 percent to 1.34 million units last…
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