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2017 PV CAFC and NEV credits for 128 automakers and importers announced

BEIJING – The Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration of Quality Supervision, Inspection and Quarantine jointly released results of 2017 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for 99 domestic passenger vehicle manufacturers and 29

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Up 0.19 percent: China PV end-user sales return to positive growth in January-September 2017

According to data from CBU Analytics, China’s registration volume of passenger cars, MPVs and SUVs in the first three quarters of 2017 reached 16.3 million units, up 0.19 percent year-on-year, finally returning to positive growth territory after cumulative sales growth had decreased through to August. Passenger vehicles with engine displacement

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Mercedes-Benz leaves others in the dust in H1 2017 China premium brand end-user sales

According to data from CBU Analytics, the premium brand passenger vehicles (cars, SUVs and MPVs) accounted for 9.13 percent of the total PV registration volume in 2012, up from 7.85 percent in 2011, but stayed at around 9 percent for the next few years. Due to the sales slump of

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From ABB to BBA: Mercedes-Benz charges ahead and Audi drops to third in Q1 2017

According to data from CBU Analytics, China registered 551,436 premium brand passenger vehicles (cars, SUVs and MPVs) in Q1 2017, up 18.43 percent despite the overall slump of the total passenger vehicle registration volume. The premium brand PVs accounted for slightly more than a tenth of the total PV

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Q1 2017 PV end-user sales drop 10 percent, Geely continues hot streak

According to data from CBU Analytics, China’s registration volume of passenger cars, MPVs and SUVs in Q1 2017 reached 4.87 million units, down 10.48 percent year-on-year. Passenger vehicles with engine displacement of 1.6L and below took up 62.55 percent of the total PV registration volume in the quarter. In March,

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Top 10 industry news stories of 2016

The following Top 10 news stories are selected by the editorial board of CBU/CAR as the most important events of China’s automobile market in 2016. – Editor 1. Never say never: new records for auto and NEV sales China selling a record 28 million vehicles in 2016 would have been

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Passenger vehicles to take predominant role in NEV market growth

New energy vehicle sales in October reached 44,000 units, including 31,000 new energy passenger vehicles, according to data from China Association of Automobile Manufacturers (CAAM). In sharp contrast, statistics from the Ministry of Industry and Information Technology (MIIT) show that only 6,684 electric buses were produced, a 43 percent year-on-year

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MIIT report shows improved average fuel consumption for PVs

BEIJING – China’s corporate average fuel consumption (CAFC) for passenger vehicles was 7.04L/100 km in 2015, exceeding the goal of 7.57L/100 km, according to a report released by the Ministry of Industry and Information Technology (MIIT) on July 13. The industry average CAFC was calculated based on 21.1136 million vehicles

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Sokon to invest £¤2.5 billion on electric passenger vehicle program

CHONGQING – Chongqing Sokon Industry Group Co., Ltd. (Sokon) announced recently that it would invest ¥2.5 billion ($394 million) into Chongqing Dongkang New Energy Vehicle Co., Ltd. to develop electric passenger vehicles.    Currently Sokon’s subsidiary Chongqing Ruichi Automobile Industry Co., Ltd. takes full control of Dongkang and decides to

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