Business / Auto Data

Daimler achieves record earnings; China being the growth engine

[2016-02-06 08:22]

Stuttgart-based automaker Daimler AG grew profitably again in 2015, once more achieving record levels of unit sales and earnings before interest and taxes, with contributions from all divisions.

Kia Motors' Q4 profit rises on strong new models sale

[2016-01-27 15:40]

Kia Motors said Wednesday that its fourth-quarter operating profit rose on the back of strong demand for its new models of sedan and sports utility vehicle.

Hyundai Motor's profit falls to 5-year low despite record sales

[2016-01-26 16:42]

Hyundai Motor, South Korea's top automaker, posted the lowest operating profit in five years as sales fell in China.

China's car ownership reaches 172 million

[2016-01-26 14:23]

In 2015, 23.85 million new cars were registered in China, taking car ownership up to 172 million, according to the Ministry of Public Security.

Auto sales to accelerate

[2016-01-18 13:16]

A faster pace of 6 percent year-on-year growth in the Chinese automobile market is predicted this year, in an expectation that the authorities will help unleash customer demand.

Policies help NEV 2015 output to quadruple to 379,000 units

[2016-01-18 08:17]

The segment of the auto industry that makes new energy or electric vehicles rode the government's favorable policies last year to big increases in both sales and output, which is expected to double 2015 net profit of 11 listed companies.

Luxury car sales suffer slowdown in China

[2016-01-14 13:57]

China's luxury car sales suffered slowdown last year, as Rolls-Royce car sales tumbled 54 percent and Audi saw its first negative growth in 26 years.

China auto sales growth at 3-year low in 2015

[2016-01-12 15:36]

Auto sales in China, the world's biggest auto market, rose 4.7 percent year on year to 24.59 million units in 2015.

Association warns of slow auto sales during January

[2016-01-11 10:27]

China's auto dealers might find the road a little rocky in January after customer demand was largely met at the end of 2015, warned a senior official at the China Automobile Dealers Association.

Fascination with SUVs expected to continue to lead sales growth

[2016-01-11 10:09]

The fascination of Chinese with SUVs looks likely to continue for some time but domestic automakers should not pin all their hopes on the model, industry experts warn.

Record number of car recalls in China this year

[2015-12-28 10:02]

A record number of vehicles have been recalled this year in China since the system was initiated in 2004, according to the country's top quality watchdog.

Chery 1st Chinese automaker to produce 5 million cars

[2015-12-18 17:43]

Chery Automobile has become the first Chinese automaker to have produced five million cars.

China's new energy vehicle output surges 600%

[2015-12-15 10:27]

China's production of new energy vehicles surged by 600 percent year on year in November thanks to government support.

Sales continue recovery in November

[2015-12-14 13:14]

China's auto sales are expected to grow around 3 percent year-on-year in 2015 and even higher in the next year as the market continues rebounding in November.

Audi delivers around 147,750 vehicles worldwide in November

[2015-12-12 11:07]

German automaker Audi AG reported on Friday that around 147,750 vehicles were sold in November, a year-on-year increase of 1.0 percent.

Vehicle inventories rise as dealers prep for peak sales season

[2015-12-07 10:23]

November car inventories in China climbed past October levels after auto dealers increased their orders to prepare for the peak sales season ahead of Lunar New Year.

Hyundai, Kia's auto sales in China hit 2nd largest in November

[2015-12-02 16:29]

South Korea's top carmaker Hyundai Motor and its affiliate Kia Motors recorded their second largest monthly sales in China.

Infiniti sales growing in sluggish market

[2015-11-20 10:01]

Premium auto brand Infiniti is growing fast in China despite sluggish growth in the world's largest auto market.

China's auto market feels global chill

[2015-11-20 09:53]

Despite the summery weather in South China, the annual automotive show in Guangzhou has felt some chill from the slowdown of the world's largest auto market.

Chinese car market maintains growth

[2015-11-16 08:17]

china's auto market, propped up by the central government's stimulus policy, continued its renewed growth in october.