China’s Auto Industry Discusses How To Increase Rural Car Sales

china cars

China’s auto industry executives met with government authorities regarding ways to promote higher car sales in rural areas, sources knowledgeable with the matter said. The country’s car manufacturers are grappling with struggling sales. Falling sales in China are making them seek new policies. Zeng Guang a senior official at the China Association of Automobile Manufacturers […]

China’s auto market could decline by about 8% this year

china map

Auto sales in China may slip to 26 million this year, a fall of around 8%, a senior industry executive cautioned, as the world’s largest auto market braces for a second year of contraction amid declining economic growth and tougher vehicle emissions standards. The recent prediction, by Fu Bingfeng, executive vice chairman of the China […]

Cadillac brand points to strong growth in China, according to GM

Images of Cadillac Escalade ESV images, Cadillac Escalade ESV sale

General Motors’ luxury Cadillac brand is taking advantage from strong growth in China, the American automaker stated at a conference on Wednesday in New York. GM Cadillac President Steve Carlisle stated that Cadillac would broaden its network of dealers to 500 in China by 2025. The U.S. automaker will introduce a new product every 6 […]

China’s car sales in January drop 16 percent, marking seven months of decline

high-emission vehicles being banned in beijing

China’s car sales in January dropped 15.8 percent from last year. China’s automobile sales in January dropped 15.8 percent from a year previously, the country’s top auto industry association stated, marking the seventh straight month of reducing sales in the world’s largest auto market. China’s Association of Automobile Manufacturers (CAAM) stated in an emailed statement […]

China sales marks Toyota’s profit while U.S. weakness continues

Toyota Camry Extremo images

Toyota Motor’s quarterly profit edged up as demand for its car models from cost-conscious Chinese customers helped offset bleak North American sales, although the company’s shares slipped as it cut its yearly net income outlook. The automaker attributed the smaller forecast to unrealised losses from equity investments, but, in a sign that business was still […]

Nissan to make fewer vehicles in China in months ahead as demand reduces

Nissan e-POWER images

Nissan Motor will produce 30,000 fewer vehicles in the upcoming months in China compared to what it had planned, a person knowledgeable about the matter informed Reuters, as global automakers grapple with decreasing demand in the world’s biggest car market. After Ford Motor and Hyundai Motor, Nissan becomes the recent automaker to curb production in […]