BEIJING – China Grand Auto Service Co., Ltd. solidified its position as China’s leading automobile dealer group with sales revenue of more than ¥160 billion and vehicle sales of over 1.1 million units (including used vehicles) in 2017, according to the latest rankings released by China Automobile Dealers Association (CADA) on May
Read MoreWhether it was the lower fuel consumption, faster speeds, or higher ton-km per liter, the vehicle operational data revealed by Mats Harborn on Scania’s trucks running in China compared with global averages were quite stunning given that China is not yet so efficient when it comes to transport logistics. In
Read MoreBEIJING – Sales revenue of Chinese bus enterprises in the first 10 months of this year reached ¥72.519 billion ($11.16 billion), a year-on-year increase of 3.8 percent, according to data from find800.cn. Sales of buses longer than 5 meters were 185,329 units, up by 2.8 percent over the same period
Read MoreBEIJING – Net profit of Huayu Auto was ¥4.467 billion ($687.23 million) in the first three quarters of this year, up by 12.1 percent on a yearly basis, ranking top on the 22 listed auto suppliers, according to a report by gasgoo.com on November 2. Revenue of the company increased
Read MoreChina’s export of special-purpose vehicles (SPVs) in 2015 slipped 2.47 percent to 17,116 units, according to statistics from China Association of Automobile Manufacturers (CAAM). However, export revenues increased 4.13 percent to $1.67 billion, indicating an improvement of mix. Export volume and structure The export volume of concrete mixers and crane
Read MoreBEIJING – Toyota Motor Corp. delivered about 92,500 cars in China in July, up 23.7 percent year-on-year, according to a company news release. Toyota sales have increased for four consecutive months in China after a rise of 7.8 percent in April. The Japanese automaker’s retails in the world’s largest automobile
Read MoreChina’s automobile sales reached 18.5 million units in 2011 but were only up 2.5 percent on a yearly basis, ending two straight years of high double-digit growth. Revenues and profits at key public-listed automakers declined as well, but some were able to withstand the market slowdown and continued to improve
Read MoreZHEJIANG – SORL Auto Parts Inc., a Chinese maker of automotive brake systems, announced on May 16 its financial results for the first quarter ended March 31, 2011, with revenue of $52 million, up 34.6 percent from a year earlier. Revenues from SORL’s domestic OEM customers and international markets rose
Read MoreChina's sales revenue of automotive parts and components including both OE and aftermarket in the first five months reached ¥639.12 billion ($93.99 billion), a 60.37 percent surge year-on-year, according to the latest statistics released by China Association of Automobile Manufacturers (CAAM). Sales revenue of parts and components increased by ¥240.58
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