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Demand for SUVs boosts China auto sales by 10 pct in March

2016-04-12 14:16:09| Auto Dealers - Topix.net

In this photo taken Monday, April 11, 2016, visitors examine the Yuan, BYD's latest Plug-in Hybrid mini SUV introduced at the BYD Dreams Conference in Beijing, China. Industry data released Tuesday, April 12, 2016 show that Chinese auto sales rose by nearly 10 percent last month, led by strong demand for SUVs that more than offset slipping passenger car sales.

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China Auto Sales Bounce in First Quarter on Tax Cuts, Discounts

2016-04-11 21:18:39| Auto Dealers - Topix.net

China's automobile market, an engine of the country's expanding economy, rose 5% in March and 6.8% in the first quarter , with sales beating estimates and raising hopes for manufacturers that stimulus measures are working to accelerate growth. Slowing auto sales last year were a key factor in China's overall economic sluggishness, with negative repercussions spreading to investors and markets worldwide.

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India auto sales expectations hampered by extra taxes and diesel ban

2016-04-11 15:58:51| Auto Dealers - Topix.net

India's automaker association lowered down its sales expectations, after the government imposed a new tax on passenger vehicles and a court extended a diesel ban in the country's capital. This is the second consecutive month when the Indian automaker association lowers its sales forecast.

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Vietnam auto sales rebound after consecutive drops

2016-04-11 11:41:40| Auto Dealers - Topix.net

After falling for two months, auto sales staged a strong recovery last month with a total of 24,802 units sold, more than twice the February figure. Locally assembled cars accounted for more than 80 percent of the sales, news website VnExpress said Saturday, citing figures from the Vietnam Automobile Manufacturers Association.

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Toyota sales, dealer survey point to rebound in China auto market in March

2016-04-05 13:58:40| Auto Dealers - Topix.net

BEIJING, April 5 China's auto market appears poised for a rebound in March after a slow Lunar New Year season, with Toyota Motor Corp posting strong monthly sales and a dealer survey indicating rising demand. The Japanese automaker on Tuesday said its sales in the world's largest auto market jumped 40.6 percent in March from the same month a year earlier to 100,500 vehicles.

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