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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.

Tags: auto sales china tax

 

Cargo Chief appoints trucking exec as VP of sales

2016-04-11 17:25:35| Logistics - Topix.net

Cargo Chief made the announcement at the 2016 TIA Conference in San Antonio. According to the company, Malone has more than 30 years in the logistics industry, responsible for revenue and profit growth within Truckload, LTL, Intermodal and Logistics companies.

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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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Despite the hype for Tesla's Model 3, electric car sales are far from robust

2016-04-11 13:48:11| Auto Dealers - Topix.net

Car buyers at a La Jolla dealership wait in line last month to plunk down $1,000 to reserve Tesla's newest electric car, the $35,000 Model 3 sedan. Car buyers at a La Jolla dealership wait in line last month to plunk down $1,000 to reserve Tesla's newest electric car, the $35,000 Model 3 sedan.

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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.

Tags: auto sales vietnam consecutive

 

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