China auto sales jump 78 percent in September as tax cuts, stimulus spur buyingOctober 13th, 2009 China auto sales jump 78 percent in SeptemberSHANGHAI — China's vehicle sales vaulted 78 percent in September from a year earlier, widening a lead over the U.S. as the world's top auto market, with sales spurred by tax cuts and government stimulus spending.
Auto sales up 14 percent in first half this fiscalOctober 13th, 2009 NEW DELHI - Total automobile sales increased 14.51 percent between April and September this fiscal over that in the corresponding period last fiscal, as per data released by an industry body Tuesday. Sales of passenger vehicles grew 13.46 percent in the period under review, but that of commercial vehicles slid 0.52 percent, according to the Society of Indian Automobile Manufacturers (SIAM).
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.
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.
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.
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.
India's passenger vehicle sales continue erratic run (Lead)June 8th, 2009 NEW DELHI - Continuing the erratic growth cycle registered in the past five months, India's passenger car sales fell by almost 0.8 percent in May to about 140,500 units, compared to the near 142,000 units sold in the corresponding month last year. While passenger car sales were up about 4.2 percent in April and almost 15 percent in February, the industry had contracted by about 1.15 percent in March and 3.2 percent in January, data released Monday by Society of Indian Automobile Manufacturers (SIAM) said.
India's passenger vehicle sales inch upJune 8th, 2009 NEW DELHI - India's passenger vehicle sales grew a marginal 1.68 percent in April-May to about 275,000 units from nearly 272,000 units sold in the corresponding period last year, according to an industry body. Sales, however, dropped to a little below 141,000 units in May from about 142,000 sold in the like month last year, figures released MOnday by Society of Indian Automobile Manufacturers (SIAM) said.
Indian vehicle sales continue to rise, growing 1.1 percent in April on passenger car demandMay 11th, 2009 Indian vehicle sales up 1.1 percent in AprilMUMBAI, India — India's vehicle sales continued to rise in April, growing 1.1 percent from the year before to 165,539 units, while exports surged, according to industry figures released Monday. Sales of passenger cars rose 4.36 percent, to 135,697 units, while commercial vehicle sales fell 11.25 percent, to 29,842 units, the Society of Indian Automobile Manufacturers said.
China's April vehicle sales jump 25 pct to monthly high 1.15 millionMay 8th, 2009 China vehicle sales hit monthly high of 1.15 mlnSHANGHAI — China's vehicle sales jumped 25 percent in April from the year before to a record monthly high of 1.15 million units, according to industry figures released Friday. Passenger car sales surged 37 percent over a year earlier to 831,000, outpacing U.S.
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.
Auto sales up in February, but industry remains cautiousMarch 10th, 2009 NEW DELHI - February brought a breather for the country's struggling auto industry, which witnessed a 15-percent year-on-year jump in passenger vehicle- sales and 45 percent growth in the mid-size segment during the month, according to an industry lobby. The figures released by the Society of Indian Automobile Manufacturers (SIAM) said compact vehicle-sales also went up 21 percent last month.
Tata Motors February sales down 19.1 percentMarch 3rd, 2009 NEW DELHI - Auto major Tata Motors Monday said its last month sales went down 19.1 percent to 43,807 vehicles as against 54,181 units in February 2008. The company said in a statement that its commercial vehicles sales went down 25 percent, while the passenger vehicles sales reported a marginal year-on-year growth of 1.5 percent.
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.
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