Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. 24/7 Space News .




CAR TECH
China auto sales hit record in January: industry group
by Staff Writers
Shanghai (AFP) Feb 7, 2013


Auto sales in China, the world's largest car market, hit a record 2.03 million vehicles last month, driven by robust demand ahead of the Chinese Lunar New Year, an industry group said Thursday.

Auto sales tend to pick up before the holiday, which starts Sunday, as people spend their New Year bonuses.

"There was evident growth of demand in the passenger vehicle market," the China Association of Automobile Manufacturers said in a statement.

Vehicle sales surged 46.4 percent year-on-year in January to set a record for any month, the group said, but added the strong rise was also attributable to five fewer working days in January last year.

Sales of passenger vehicles alone jumped around 48.7 percent from a year earlier to 1.73 million units, it said.

China's annual auto sales rose only 4.3 percent year-on-year to 19.31 million units in 2012, hit by limits on numbers imposed by some cities to ease traffic congestion and cut pollution.

A dispute between Beijing and Tokyo also hurt sales of Japanese cars, but other foreign brands have fared better due to customers' perceptions of higher quality.

US auto giant General Motors said earlier this week that its January sales in China surged 26 percent year on year to 310,765 vehicles, setting a company record for any month.

Its sales in China grew 11.3 percent in 2012 from 2011 to a record 2.84 million vehicles, despite the country's slower economic growth, the company has previously said.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CAR TECH
Japan's Mazda swings back to profit
Tokyo (AFP) Feb 6, 2013
Japanese car giant Mazda on Wednesday said it swung back to a profit in the nine months to December as it boosted its full-year earnings forecast. Japan's fifth-biggest automaker logged a net profit of 25.6 billion yen ($273 million) for the April-December period, reversing its net loss of 112.8 billion yen a year earlier. Sales rose 8.5 percent to 1.54 trillion yen, it said. It credited ... read more


CAR TECH
Building a lunar base with 3D printing

US, Europe team up for moon fly-by

Russia to Launch Lunar Mission in 2015

US, Europe team up for moon fly-by

CAR TECH
Sampling Several Rock Targets

Mapping Mars

Weekend Test on Mars Was Preparation to Drill a Rock

AAS Division For Planetary Sciences Issues Statement On Mars 2020 Program

CAR TECH
Supersonic skydiver even faster than thought

Ahmadinejad says ready to be Iran's first spaceman

Iran's Bio-Capsule Comes Back from Space

A Hero For Humankind: Yuri Gagarin's Spaceflight

CAR TECH
Reshuffle for Tiangong

China to launch 20 spacecrafts in 2013

Mr Xi in Space

China plans manned space launch in 2013: state media

CAR TECH
NASA to Send Inflatable Pod to International Space Station

ISS to get inflatable module

ESA workhorse to power NASA's Orion spacecraft

Competition Hopes To Fine Tune ISS Solar Array Shadowing

CAR TECH
Final checkout underway for the Starsem Soyuz launch with Globalstar spacecraft

Zenit Engine Worked Normally

NASA Launches Rocket from Wallops Flight Facility in Virginia

Intelsat 27 Launch Unsuccessful

CAR TECH
Earth-like planets may be closer than thought: study

Are Super-Earths Actually Mini-Neptunes?

Herschel Finds Past-Prime Star May Be Making Planets

Stars can be late parents

CAR TECH
Largest prime number to date found

South Korean Satellite Makes First Contact with Ground

Novel materials shake ship scum

Penn Research Shows Mechanism Behind Wear at the Atomic Scale




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement