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China car sales News

31 Jul 2022

Jeep pulls out of China, blames Chinese govt for meddling in its business

Stellantis is ending its alliance with Guangzhou Automobile Group The alliance was for 12 years China is one of the major car markets in the world

10 Mar 2016

China car sales edge down in February: Industry

A total of 1.58 million vehicles were sold in the country last month, down from 1.59 million in February 2015, figures provided by the China Association of Automobile Manufacturers (CAAM) showed.

China auto sales

12 Jan 2016

China 2015 auto sales growth hits three-year low

To prop up the auto industry, the government cut purchase taxes by half on cars with small engines from October 1.

03 Apr 2015

China car giant SAIC records 12.8% profit rise in 2014

The Shanghai-based firm said net profit was 27.97 billion yuan ($4.56 billion), up from 24.80 billion yuan in 2013, according to a statement issued to the Shanghai stock exchange late Thursday.

18 Nov 2014

As China's luxury car wave ebbs, foreign firms seek domestic foothold

Daimler AG will give its new luxury baby, the Mercedes-Maybach limousine, a glitzy world debut at this week`s Guangzhou autoshow, even as analysts warn the end is nigh for China`s 10-year high-end car sales boom.

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