New car sales in China are up 4 percent for the first 11 months of the year compared to the same period of 2011 a manufacturers association said. The China Association of Automobile Manufacturers said sales for the year through November reached 17.49 million cars, a number that is expected to top 19 million by the end of the year. A sharp drop in consumer interest in Japanese cars is beginning a turnaround, The Wall Street Journal reported Monday. Japanese brands made up 20 percent of new car sales in China until a territorial dispute suddenly sent Japanese brands out of favor. The dispute over uninhabited islands in the East China Sea is not over, but the impact on sales appears to be waning. Japanese passenger car sales were at 7.61 percent of the market in October, but rose to 11.65 percent in November as Japanese automobile companies have been aggressively discounting prices and compensating car owners whose cars were damaged by protesters when the dispute flared up.
GMT 00:59 2018 Friday ,19 January
BMW aims to reignite US car salesGMT 09:01 2018 Thursday ,18 January
EU car sales top 15-mn barrier in 2017: dataGMT 17:32 2018 Tuesday ,16 January
Fiat Chrysler won't sell JeepGMT 06:56 2018 Tuesday ,16 January
Lamborghini races to new sales recordGMT 02:02 2018 Monday ,15 January
Pickups, SUVs in spotlight at 2018 Detroit auto showGMT 01:57 2018 Monday ,15 January
Saudi Aramco participates in North American International Auto ShowGMT 22:50 2018 Sunday ,14 January
Tesla faces fresh Norway lawsuitGMT 22:46 2018 Sunday ,14 January
BMW drives to new sales recordMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor