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China auto sales down 4.3 percent in July, NEV sales fall for first time

BEIJING – China’s auto sales have now fallen 13 consecutive months since July 2018.   Sales this past July reached 1.81 million units, down 12.1 percent month-on-month and 4.3 percent year-on-year, according to data released by China Association of Automobile Manufacturers (CAAM) on August 12.   Passenger vehicle sales in July reached 1.53 million

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SAMR: Nearly 70 million vehicles recalled in China over past 15 years, costing automakers ¥53 billion

BEIJING – Automakers in China announced 1,768 recalls involving 69.25 million vehicles by the end of 2018 since the Administrative Regulations on the Recall of Defective Automobile Products went into effect in October 2004, China’s market regulator said in a notice published on its website on June 4. The State Administration

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First negative growth in 28 years: China auto sales down 13 percent in December, YTD sales fall 2.8 percent

BEIJING – China’s automobile market remained gloomy with December 2018 sales down 13 percent on a yearly basis to 2.66 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on January 14.  Sales for 2018 fell 2.8 percent to 28.08 million units, the first negative growth in

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Heavy-duty truck sales up 21 percent in December, annual sales reach new record of 1.14 million units

Surprise again! Heavy-duty truck industry maintained its positive growth trend in December with sales reaching 80,000 units, up 21 percent on a yearly basis, according to the latest manufacturer reported data obtained by cvworld.cn.  For the unexpected performance of heavy-duty truck market in December, cvworld.cn believes the following factors contributed to

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