Gasgoo.com (Shanghai August 15) - China imported 684,000 foreign automobiles in the first seven months of the year, Beijing Business Today report, citing statistics from China Automobile Trading. Although the figure still represents positive growth of 25.5 percent, it is still far less than the growth figures China was seeing last year. CATC anticipates final retail sales growth rates for imported vehicles this year to be around 20 percent.
Changan Automobile announced its monthly production and sales performance review for July earlier this week. According to a report appearing in Caijingtoday, which cited the review, the manufacturer sold 111,100 vehicles last month, 11.98 percent more than its sales result from last July. It manufactured 121,900 vehicles over the month, representing year-on-year growth of 9.54 percent.
Gasgoo.com (Shanghai August 17) - Despite the Chevrolet Volt not living up to its commercial expectations, GM is dedicated to the market for new energy vehicles in China, Economic Observer News reported today, citing statements made by GM Chinas Executive Director of Electrification Strategy Ray Bierzynski.
Geely Automobiles automobile exports last month exceeded 10,000 units, Caijing reported today. Officials from Geely added that the manufacturers exports are continuing to grow rapidly. Geely is currently Chinas second largest exporter of automobiles.