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Incentives to boost vehicle purchases

Business | Automobile
2009-6-9

BACKED by government stimulus policies, China's vehicle sales this year are forecast to accelerate 17 percent from 2008 to exceed 11 million units, according to the China Passenger Car Association. The jump in...

Costs fear sees car sales dip

Business | Automobile
2008-9-9

CHINA'S passenger car sales fell in August compared to the same month last year. Purchases were restrained during the Olympics while rising costs triggered a wait-and-see attitude among consumers, according...

China car sales grow slower

Business | Automobile
2008-7-8

CHINA'S passenger car sales rose 14.2 percent in the first half of this year, lower than an earlier expectation of 20 percent, as more stringent macroeconomic control policies and record high oil prices curbed purchases. ...

Gas prevails as China not ready for diesel

Business | Automobile
2008-6-10

DIESEL-POWERED vehicles, already used to address energy and environmental concerns in many Western countries, are still not ready for mass use in China, analysts from China Passenger Car Association said. Although...

Car sales forecast to slow gains this year

Business | Automobile
2008-6-7

CHINA Passenger Car Association has lowered its forecast on car sales growth this year as tighter macroeconomic controls may dampen purchases by companies and individuals. Chinese car sales are expected to rise...

Car sales notch up January record

Business | Automobile
2008-2-16

Car sales soared to a monthly high in January, with Chinese car makers selling 639,000 passenger vehicles, up 32 percent from the same period in 2007 and 6.7 percent up from December, according to the China Passenger...

Passenger car sales rise but slowdown expected

Business | Automobile
2008-1-10

CHINA'S passenger car sales accelerated 20.4 percent to 5.99 million units last year, according to the China Passenger Car Association, but an industry expert cautions that sales may slow. The brisk sales included...