Monday, April 11, 2011

DTN News - Asian Defense News: Automobile News ~ China Auto Sales Rebound But Growth Weak

DTN News -
Asian Defense News: Automobile News ~ China Auto Sales Rebound But Growth Weak
(NSI News Source Info) TORONTO, Canada - April 11, 2011:
China's auto sales rebounded in March but growth was well below last year's rapid expansion asgasoline pricesrose and government incentives wound down.

An industry group, the China Association of Automobile Manufacturers, says sales rose 5.4 percent over a year ago to 1.8 million vehicles. That was up from February's 4.6 percent increase but below 2010's 30 percent expansion.

China passed the United States in 2009 to become the biggest auto market by number of vehicles sold.Industry analysts expect total Chinese sales to rise 10 to 15 percent this year though growth should be much slower than in 2010.

*Source: AP - Associated Press - The Associated Press

Global Car / Automobile Industry

  1. News for China Auto Sales

    INAUTONEWS
  2. China auto sales rebound but growth weak 1 hour ago
    AP , 04.11.11, 04:25 AM EDT SHANGHAI -- China's auto sales rebounded in March but growth was well below last year's rapid expansion as gasoline prices rose ...
    Forbes - 43 related articles

  5. China auto sales up 4.6% last month - Taipei Times

    10 Mar 2011 ... Auto sales in China, the world's largest car market, rose by 4.57 percent last month from a year earlier, data from an industry group showed ... www.taipeitimes.com/News/biz/archives/2011/03/10/2003497791 - Cached

  6. China's auto sales growth seen near 2010 rate-exec | Reuters

    11 Mar 2011 ... BIRMINGHAM, Mich., March 11 (Reuters) - The Chinese automarket'ssalesgrowth in 2011 will be close to last year's 32percent increase ... www.reuters.com/article/.../china-autos-idUSN1129734320110311 - Cached

  7. China Auto Industry: GM First Quarter China Auto Sales Up 10% - CNBC

    3 Apr 2011 ... General Motors said on Saturday it sold 685583 vehicles in China in the first quarter, up 10 percent from a year earlier. www.cnbc.com/id/.../GM_First_Quarter_China_Auto_Sales_Up_10 - Cached

  8. With Tax Incentives Gone, Chinese Auto Sales Drop Like A Rock

    9 Mar 2011 ... China's automobile sales market just tanked, declining 33%, month-over-month ... Definitely a slow down auto investors should take note of. ... www.businessinsider.com/china-auto-sales-february-2011-3 - Cached

  9. Chinese auto sales hit monthly record - Business - CBC News

    18 Feb 2011 ... Factory sales of Chinese passenger cars rose 16.8 per cent in January from the same month a year earlier, an industry grouped reported ... www.cbc.ca/news/business/story/2011/02/.../china-auto-factory-orders.html

  10. China Auto Sales Jump 27 Percent in November | CNSnews.com

    9 Dec 2010 ... Shanghai (AP) - China's auto sales powered ahead in November, jumping 27 percent to 1.7 million vehicles as car buyers rushed to beat ... www.cnsnews.com/news/.../china-auto-sales-jump-27-percent-novembe

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*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News

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