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‘Made by China’ is what Chinese consumers want now

By Business InsiderAkio Toyoda has China on his mind. On Tuesday, the day he announced record earnings, the Toyota Motors president warned of a sharp slowdown in the world's biggest market, echoing concerns already aired by BMW. But another development in China may spell even more trouble for global carmakers:

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November SUV registrations account for 25 percent of PV market

China SUV registrations totaled 327,000 units in November 2014, a month-on-month increase of 3.8 percent. The share of SUVs in the entire passenger vehicle market (excluding microvans) reached 25 percent, up 2 percentage points from the previous month. The number of passenger cars registered in November was 930,000. The share

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Great Wall becomes reality check on Chinese auto brands

A year ago, investors loved Great Wall Motor Co.’s cheap SUVs. The stock surged to records, margins fattened beyond those of any automaker and the chairman even talked about outselling Jeep. Then it tried to go upscale.Today, its ambitions to be China’s first challenger to major foreign car brands have

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China’s locally produced SUV sales up 27.9 percent in March

BEIJING – China’s locally produced SUV sales in March 2014 increased 27.9 percent on a yearly basis to 269,958 units, according to CBU-Autostats. Combined sales of the top 10 models were 131,667 units, accounting for 48.7 percent of the total sales. In the first three months, cumulative sales of locally

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China’s locally produced SUV sales up 42.3 percent in February

BEIJING – China’s locally produced SUV sales in February 2014 increased 42.3 percent on a yearly basis to 199,292 units, according to CBU-Autostats. Combined sales of the top 10 models were 101,529 units, accounting for 50.9 percent of the total sales. In the first two months, cumulative sales of locally

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China’s automobile sales up 17.84 percent in February

BEIJING – China’s automobile sales in February increased 17.84 percent on a yearly basis to more than 1.59 million units (Table 1), according to data released by China Association of Automobile Manufacturers (CAAM). Table 1: Sales of automobiles in February 2014 (in units)    Feb. 2014

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