Category Archives: Sales

Mercedes-Benz to Build the GLK-Class in China, Double Capacity

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The GLK-Class compact luxury SUV will be the next Mercedes-Benz car to be built in China, according to sources within Beijing Benz Automotive Co., the passenger vehicle joint venture of Beijing Auto and Daimler AG. Beijing Benz has been producing two sedans: the C-Class and extended E-Class, and looks to further benefit from China’s rapidly […]

Foton Sets up European Unit in Moscow

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Beiqi-Foton Motor, the self-described largest maker of commercial vehicles around the globe, officially opened its Russian unit on June 25. The Russian operation, based in Moscow, also supervises the entire European market for Foton. Established in 1996, Foton has been growing at rocket speed. Sales last year exceeded 600,000 units. Its product line includes mainly […]

China Accounted for A Quarter of Volkswagen’s Global Sales in the First Five Months This Year

Figures from Volkswagen Group show that the Chinese market has continued to contribute most to its global sales. Out of the total of 2.94 million vehicles it sold from Jan. to May 2010 (not including the Scania brand), a quarter were bought by the Chinese. Compared with the same period 2009, Volkswagen sold 18.1% more […]

Dongfeng-Yueda-Kia Marks Production of One Million Vehicles

The three-way joint venture of Dongfeng Motor, Jiangsu Yueda Holding, and Kia Motors celebrates today the one millionth car, a Kia Forte, rolling off its assembly line since its operation started 8 years ago. The ceremony takes place in Yancheng of Jiangsu province where the company’s two factories are located. Kia Motors holds a 50% […]

May’s Top 10 Best Selling Sedans and SUVs

China Association of Automobile Manufacturers (CAAM) reports that new vehicle sales in China dropped 7.5% from April to May, but grew 28.35% from May 2009, reaching 1.438 million units. A total of 1.043 million new passenger cars were sold this month, 6.09% less than April but up 25.78% from a year ago, including 720,100 sedans […]

Chery’s May Exports Jumped

Chery Auto continued to lead Chinese auto exports in May, reporting a year-to-year increase of 259% in overseas sales, reaching 8,053 units. While growing fast, the volume looks modest in light of its total monthly sales of 52,410 new vehicles. In recent months, overseas demand for Chery cars has undergone a strong recovery from the […]

Mazda’s China Sales Grew 32% in May

A total of 18,392 new vehicles were sold in May 2010 bearing the Mazda logo, 32% more than the same period last year, Mazda China announces. This compares with the overall market growth at 29.74% in May. For the first five months, Mazda’s sales in mainland China reached 86,651, increasing 34% from year-earlier level. At […]

China’s May Auto Sales Nears 1.2 Million

Monthly new vehicle sales dropped 13.95% from April to 1,194,700 units in May 2010, according to China Automotive Technology and Research Center (CATARC). Compared with the same period last year, May sales increased 29.74%. In the first five months this year, a total of 6,053,300 new vehicles were sold, 34.07% more than the year-earlier level. […]

GM-China’s 2010 Sales Topped 1 Million

General Motors’ China branch announced on May 28 that it had sold 1 million vehicles so far this year, half-way to attaining the annual target of 2 million units. Last year it reached 1 million sales in mid August, and 1.83 million by the year-end. The event was celebrated on GM’s Shanghai campus. Kevin E […]

SUV Sales in China More than Doubled in the First Four Months

According to China Passenger Car Association, total new SUV sales increased nearly 118% in the first four months of 2010 from year-earlier level to reach 373,527 units. This compares to the 60.51% increase of total new vehicle sales in the same period this year. For years analysts have been talking about the huge growth potential […]

GAC Made Nearly $4,000 Per Vehicle Sold in the First Quarter

While Shanghai Automotive Industry Corporation (SAIC), among all Chinese auto manufacturers, sold most units and made most money in the first three months of 2010, it was Guangzhou Automobile Group Co. (GAC) that produced and sold most lucrative vehicles. On average, GAC earned a whopping sum of Yuan 25,676, or approximately US dollar 4,000, for […]

China’s April Auto Exports Stayed Low

SaudiGreatWall

According to the China Association of Automobile Manufacturers, China exported 39,800 auto vehicles in April 2010. Although representing a 52% increase from the same period 2009, it clearly shows the powerlessness of the native automakers to compete on the global stage. The majority of the exported are commercial vehicles. Passenger cars, including sedans, SUVs and […]

F3 Shares Top Position with Elantra Yuedong in April Sedan Sales

April passenger vehicle sales in China dropped 12.18% from last month to 1,110,900 units, including 759,800 sedans and 104,000 SUVs. But compared with April 2009, 33.21% more passenger vehicles are sold. Total vehicle sales, including both the passenger and the commercial sectors, reached 1,555,200 in April, a 10.37% drop from March and a 34.37% increase […]