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China private car parc topped 100 million by end of 2016

BEIJING – China had 101.52 million privately-owned cars on the roads by the end of 2016, up 15.5 percent, according to the Statistical Communiqué of the People’s Republic of China on the 2016 National Economic and Social Development released by the National Bureau of Statistics on February 28. That is

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Daimler confident of China growth after record earnings in ’15

STUTTGART – Daimler is confident that the Chinese automobile market will expand significantly again and make the largest contribution to worldwide growth after a record 2015 in which group unit sales, revenue and earnings achieved record highs in the history of the 130-year-old company. Dr. Dieter Zetsche, chairman of the

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Highlights of the revised Administrative Methods for Automobile Sales

The revised Administrative Methods for Automobile Sales has been released by the Ministry of Commerce for comments. Reading through the articles, the following would have certain impacts on parties engaged in automobile sales in China. Article 9: “When selling vehicles which are not authorized by domestic suppliers or selling imports

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August output and sales indicative of slowed manufacturing

China’s automobile output and sales growth slowed considerably in August, according to the latest data released by China Association of Automobile Manufacturers (CAAM). Although market performance was slightly better than in July, total automobile sales were up only 4 percent compared with the same month in 2013, to 1.72 million

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China’s automobile sales up 19.66 percent in September

BEIJING – China’s automobile sales in September climbed by 19.66 percent on a yearly basis to more than 1.93 million units (Table 1), according to data released by China Association of Automobile Manufacturers (CAAM). Table 1: Sales of automobiles in September 2013 (in units)  

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