For the first time in at least 14 years, China’s auto sales growth trailed America’s after China’s government ended stimulus measures and their economic expansion started plateauing. Total vehicle sales in China rose 2.5-percent to 18.5-million, compared with the 3-percent median estimate from five analysts surveyed by Bloomberg. Even though the country remains the world’s...
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General Motors was happy to report that their sales in China during November rose at its fastest pace all year, thanks to deliveries of Wuling light trucks and Buick Excelle sedans. Deliveries to dealers in China last month rose 20-percent (to 237,130) compared to a year ago. After cutting prices on Wuling light trucks, sales...
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Jaguar Land Rover, which is currently a unit of the Indian conglomerate Tata Corp, has committed to sell around 40,000 vehicles in the world’s largest automarket in a deal alone worth 1 billion pounds (1.53 billion USD).
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