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Bosch reports record sales in China in ’16, expects market to grow 5 percent in ’17

SHANGHAI – Bosch expects China’s auto market to grow 5 percent this year and its own business to continue to outpace industry growth, according to Chen Yudong, president of Bosch (China) Investment Co., Ltd. Chen made the comments while speaking to CBU/CAR on the sidelines of the Bosch China Annual

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Heavy-duty truck sales up 50 percent in April

Based on the latest data from manufacturers as reported by cvworld.cn, a total of 103,000 heavy-duty trucks were sold in April, rising 50 percent from a year earlier but down 9 percent from March. The growth was close to the year-on-year increase of 53 percent in March. It is worth

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Heavy-duty truck sales unlikely to hit 1 million units again

“China’s heavy-duty truck sales help to drive overall auto sales.” It is a statement that not many people in the industry would have expected to hear from the officials of China Association of Automobile Manufacturers (CAAM). But that is exactly what happened on March 10 at CAAM’s monthly press conference

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High flying start not indicative of a more moderate year for HDT sales

To say that the heavy-duty truck market was off to a flying start in the New Year would be an understatement. According to the latest data announced by China Association of Automobile Manufacturers (CAAM) on February 13, heavy-duty truck sales more than doubled in January from a year earlier, growing

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Highlights from heavy-duty truck manufacturers’ 2017 business conferences (I)

The year 2016 marked a significant rebound of the heavy-duty truck market thanks large in part to policies such as the implementation of the GB1589-2016 standards on sizes, weights and loads as well as Ministry of Transport’s clamp down on overloading and oversizing. As a result, heavy-duty truck sales jumped

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Happy Chinese New Year of the Rooster!

Happy Chinese Lunar New Year of the Rooster! The rooster is associated with fidelity and punctuality. People born in the year of the Rooster are beautiful, kind-hearted, hard-working, courageous, independent, humorous and honest. They might also be arrogant, self-aggrandizing, persuasive to others and wild. Those traits might foretell some of

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Sales performance of passenger vehicle manufacturers in 2016

BEIJING – China’s production and sales of passenger vehicles reached 24,421,000 and 24,377,000 units in 2016, a year-on-year increase of 15.5 and 14.9 percent and 1.0 and 1.3 percentage points higher than the overall growth of the automobile industry. Most of the passenger vehicle manufacturers completed their sales target set

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Happy Chinese New Year of the Rooster!

Happy Chinese Lunar New Year of the Rooster! The rooster is associated with fidelity and punctuality. People born in the year of the Rooster are beautiful, kind-hearted, hard-working, courageous, independent, humorous and honest. They might also be arrogant, self-aggrandizing, persuasive to others and wild. Those traits might foretell some of

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