Autos

Chinese demand boosts global auto sales

April 10, 2008

Auto sales in China were up 21% in the first quarter of 2008 over the same period last year, the Wall Street Journal reported. About 2.58 million vehicles were sold on the mainland between January and March, helping boost sales of large automakers during a slowdown in demand in the US. Honda posted 29% sales growth worldwide during the quarter - despite a 0.4% decrease in the US market - helped by a 79% increase in sales in China in March alone. Ford's China vehicle sales grew 47% over the first three months, a record for the company. Volkswagen sold a record 103,200 vehicles in China during the period, while BMW's sales increased 43.2%. General Motors' China sales rose by 6.8%, well below the average.
Related Articles:

(2010-03-18)

BYD and Daimler joint electric car

(2010-03-18)

Will Geely test the UK market?

(2010-03-11)

Geely needs US$1.4 billion to save Volvo

(2010-03-10)

Car sales slow in February

(2010-03-10)

Subsidy plan for electronic cars

(2010-03-10)

China's scary roads

(2010-03-09)

Audi sales up in China

(2010-03-03)

China South Locomotive, Liaoning SG sign electric car deal

(2010-03-02)

Daimler, BYD to partner on Chinese electric vehicle

(2010-03-02)

Hummer dies

Advertisement