China’s passenger vehicle market ended last year with a 59 percent year-on-year sales increase to surpass the United States as the world’s largest auto market for the first year, thanks to the central government’s stimulus package.
Tags: auto market, automaker, Automobile, CAAM, cars, China Auto, MPV, SUV, vehicle
Beijing’s largest used-car market is the perfect place to measure the popularity of any make or brand in China’s booming motoring market. Huaxiang car market dealers and the thousands who flock there every weekend are clued into the latest auto trends and know what’s hot and what’s not.
Tags: Beijing, Benz, China Auto, Great Wall Motor, [...]
Bulgaria’s Litex Motors Company has recently signed a deal with China’s Great Wall automobile company on building a car-making plant in Bulgaria in a move seen as a good opportunity for Bulgaria to boost its automobile industry.
Under the deal, Great Wall, one of the biggest automakers in China, will build a factory in Lovech, where [...]
The fact that rich people are buying expensive luxury vehicles may be good news to automobile manufacturers and the government bent on stimulating the economy, but we should be aware of consequences of the sport utility vehicle (SUV) craze.
Taking advantage of the overwhelming demand for SUVs, car dealers imposed an additional cost of up to [...]
BMW Group’s long-term plan for a seven-fold increase in its China production capacity announced last week is expected to further intensify competition in the country’s growing luxury vehicle market.
The German carmaker’s strategic plan is to increase annual production to 300,000 units with local partner Brilliance China.
Tags: AUDI, Benz, BMW, car-maker, China Auto, luxury goods, SUV, [...]
Chinese auto maker Great Wall Motor Co is considering resurrecting plans for a domestic A-share initial public offering as China’s stock and auto markets have rebounded strongly, company executives said yesterday.
A lengthening queue of firms is jostling to list on mainland exchanges after the regulator resumed IPOs last month following a nine-month suspension, aiming to [...]
