SAIC Motors, China’s largest carmaker, said its vehicle sales rose 45 percent in February as Beijing’s policy incentives continued to drive buyers into showrooms in the world’s largest auto market.
Chinese automakers’ vehicle sales in the first two months of the year are skewed by the timing of the Lunar New Year, which came in January [...]
Cui Hao, who is planning to get a Nissan Tiida sedan, recently had some mixed feelings about buying his first car.
The 28-year-old office worker had moved up his purchase plan to the end of this year in order to pay only a 5 percent vehicle sales tax before the rate rises to 7.5 percent next [...]
After announcing a 5-billion-yuan expansion plan in July, Japanese carmaker Nissan Motor Co is mulling even further expansion in the southern city of Guangzhou to meet the blistering pace of demand for its cars, according to CEO Carlos Ghosn.
Tags: BYD, car-maker, cars, China Auto, Dongfeng, Nissan, vehicle
Struggling Japanese auto maker Nissan Motor Co said yesterday it climbed back into the black in the latest quarter and predicted a smaller yearly loss thanks to soaring demand in China.
The country’s No. 3 car company posted net income of 25.5 billion yen (US$270 million) in the July-September period after three straight quarters in the [...]
Nissan Motor said on Monday its vehicle sales in China surged 63.8 percent to 75,209 in September, helped by its Teana and Sylphy sedans.
Nissan, which makes vehicles in China in partnership with Dongfeng Motor Group Co, sold 541,428 vehicles in the country in the first three quarters, up 35.2 percent from a year earlier.
It did [...]
Dongfeng Motor Group Co posted slower profit growth in the first half of this year as commercial vehicle sales suffered due to the weak macro economy.
Net income of the nation’s third-largest auto company rose 5 percent to 2.6 billion yuan (US$381 million) for the first six months, compared to 2.47 billion yuan a year earlier, [...]
