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March Auto Sales in China Up 55.8% to Record High

Green Car Congress

Automobile sales in China in March jumped up 55.8% year-on-year to a record 1,735,100 units, according to figures from the Automobile Association, the Ministry of Information Industry cited by the China Association of Automobile Manufacturers (CAAM). Passenger car sales were up 63.2% Tags: Brief.

China 186
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Nissan Exec Predicts Global Auto Sales of 70M This Year; Market Led by China

Green Car Congress

Nissan expects global auto sales to reach 70 million units this year, as China continues to lead the new car market, according to Dr. Andy Palmer, Senior Vice President and Executive Committee member of Nissan Motor. China became Nissan’s second-largest market in 2009, Palmer said. Tags: Brief.

Nissan 186
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China Auto Ownership Expected to Exceed 200M in 2020

Green Car Congress

Estimated automobile ownership in China will exceed 200 million by 2020, causing serious energy security and environmental issues, according to Wang Fuchang, director of the Department of Equipment Industry under China’s Ministry of Industry and Information Technology. Tags: Brief. People’s Daily.

2020 225
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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

Green Car Congress

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. Tags: Brief.

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Percentage of Smaller, Low-Emission Cars in New Vehicle Sales Dropping in China

Green Car Congress

The market share of new vehicles sold in July in China with engine displacements of 1.6 China posted 1.24 million vehicles sold in July, according to figures from the China Association of Auto Manufacturers (CAAM), representing a 14.4% percent of total passenger vehicles sales, a drop of 4.5

China 199
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Ford CEO Unveils New Figo for India Market and Export Sales, New Manufacturing Plant in China with Changan

Green Car Congress

The new Ford Figo will be manufactured at Ford’s expanded integrated manufacturing facility near Chennai, which is undergoing a $500 million transformation to become a regional center of excellence for Ford small car production. China expansion. By 2013, C-segment vehicles are projected to account for nearly 28% of global sales.

India 210
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Chinas Auto Subsidy Boosts Domestic Auto Spending by US$3B in 1H2010

Green Car Congress

China’s subsidy to encourage the replacement of older, higher-emitting vehicles boosted domestic auto spending by 20.5 China Association of Automobile Manufacturers (CAAM) said that Chinese auto sales rose 47.67% year on year to 9.02 Tags: Brief. Relevant departments had handed-out 2.4

Auto 170