Government think tank says China's 2009 auto sales should reach 12.6 million, up 35 percentSeptember 25th, 2009 China's 2009 auto sales forecast to hit 12.6MBEIJING — China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing to extend, a government researcher said Friday. China's auto sales have surpassed those of the limping U.S.
China's July auto sales up 64 percent to 1.1 million, outpacing US monthly sales againAugust 7th, 2009 China's July auto sales up 64 percentBEIJING — China's auto sales surpassed the United States' again in July, jumping 64 percent over a year earlier to 1.1 million vehicles as sales tax cuts and government subsidies spurred demand, according to data reported Friday. The figures are a boost to global automakers that are looking to China to drive revenues amid sluggish demand elsewhere.
China passes US auto market in first half as June sales surge 36.5 percentJuly 9th, 2009 China beats US auto market in first-half sales of 2009
BEIJING — China surpassed the United States as the world's biggest auto market for the first half of 2009 after June sales soared 36.5 percent from a year earlier, according to data reported Thursday. China's vehicle sales in June rose to 1.14 million, the second-highest month to date after April's 1.15 million units, the China Association of Automobile Manufacturers said.
Industry group says China's June auto sales soar 36.5 percent; passenger cars set sales recordJuly 9th, 2009 China's June auto sales surge 36.5 percentBEIJING — China's auto sales soared 36.5 percent in June from a year earlier to 1.14 million vehicles, boosted by government incentives, an industry group said Thursday. Passenger car sales hit a monthly high of 872,900 units, the China Association of Automobile Manufactures said.
Industry group says China's June auto sales up 36.5 percent; passenger cars set sales recordJuly 9th, 2009 China's June auto sales up 36.5 percentBEIJING — China's auto sales soared 36.5 percent in June from a year earlier to 1.14 million vehicles, boosted by government incentives, an industry group said Thursday. Passenger car sales hit a monthly high of 872,900 units, the China Association of Automobile Manufactures said.
Ford says China sales up 14 percent in first half on strong passenger car demandJuly 6th, 2009 Ford says China sales up 14 percent in first halfBEIJING — Ford Motor Co. said its sales in China surged 14 percent in the first half of 2009, another positive sign for global automakers that are counting on China to drive revenues as they struggle in North America.
Bajaj Auto net slips 13.2 percentMay 21st, 2009 MUMBAI - The country's second largest two-wheeler maker, Bajaj Auto, Thursday reported a 13.2-percent decline in net profit for 2008-09 while managing a 7.8 percent increase in fourth quarter profitability. The company, with a product line-up that includes commercial three-wheeler vehicles, reported a profit of Rs.654.5 crore in 2008-09, down from Rs.755.7 crore earned the previous fiscal.
Domestic automobile sales up 10.76 percentMay 11th, 2009 NEW DELHI - Automobile sales in the country grew nearly 11 percent in April over the corresponding month the previous year largely due to a handsome growth registered by two-wheeler sales, a leading industry body said Monday. 'In April production grew at 10.19 percent and domestic sales by 10.76 percent.
Backed by stimulus steps, auto sector posts marginal growthApril 8th, 2009 NEW DELHI - India's auto industry, which was hit hard by the global financial crisis that started in mid-2008, ended last fiscal with a marginal 0.7 percent growth in sales, thanks to the government's stimulus measures. The auto makers sold 97,23,391 vehicles in 2008-09, up from 96,54,435 units the year before, data released Wednesday by the Society of Indian Automobile Manufactures (SIAM) said.
Bajaj Auto sales down 14.7 percent in MarchApril 2nd, 2009 MUMBAI - Bajaj Auto posted sales of 132,640 two-wheelers units last month, down 14.7 percent as compared to the 155,504 units sold in March 2008, the company said Thursday. Bajaj sold 132,210 motorcycles last month, reflecting a decline of 14.4 percent from the 154,443-unit sale the corresponding month last year.
Bajaj Auto January sales down 31 percentFebruary 1st, 2009 NEW DELHI - Two and three-wheeler maker Bajaj Auto Monday reported 34 percent year-on-year decline in its domestic sales in January. The company sold 132,348 two and three-wheelers last month, down from 192,193 units in January 2008.
Skoda sales up nearly 32 percent in IndiaJanuary 13th, 2009 NEW DELHI - Czech carmaker Skoda's sales in India went up by 31.9 percent in 2008, the company said in a statement Wednesday. Skoda's global sales went up 7.1 percent to 674,530 units, out of which 16,051 were sold in India and 59,284 in China.
Commercial vehicle sales worst hit in DecemberJanuary 11th, 2009 NEW DELHI - The struggling auto industry continued to tumble for the fourth consecutive month with the commercial vehicle (CV) sales for December dipping 58.2 percent and overall sales declining 18.2 percent year-on-year, data released Monday showed
According to the data released by the Society of Indian Automobile Manufacturers (Siam), auto-makers sold 17,920 commercial vehicles in December 2008 as against 42,961 units the year before marking a 58.2 percent dip in sales, the worst in 11 years. The passenger car segment showed some signs of picking up with a 6.9 percent decline in year-on year sales, much below the 24 percent recorded last month.
Japan's new auto sales down to record lowJanuary 4th, 2009 TOKYO - Japan's domestic sales of new vehicles plummeted to 3,212,342 units in 2008, the lowest level since 1974, as spending was restricted by worsening economic conditions amid global financial meltdown, officials said Monday. The sales have been on a decrease for five years in a row, down by 6.5 percent in 2008 on a year-on-year basis, the Japan Automobile Dealers Association said.
Bajaj Auto two-wheeler sales down 33 percentDecember 31st, 2008 NEW DELHI - Bajaj Auto Ltd Thursday reported 33 percent dip in its last month's two-wheeler sales. The company sold 119,215 two-wheelers in December 2008 as against 177,249 units a year earlier, said an official statement.