BEIJING, January 11 (TMTPost)— The industry body expected China’s auto industry will break another annual record following 2023, a year saw double-digit increases in both output and sales. Credit:Visual China China’s car sales and output for the first time each topped 30 million units in...
BEIJING, January 11 (TMTPost)— The industry body expected China’s auto industry will break another annual record following 2023, a year saw double-digit increases in both output and sales. Credit:Visual China China’s car sales and output for the first time each topped 30 million units in...
Data from the China Association of Automobile Manufacturers (CAAM) showed that China's auto sales plunged 47.6 percent year on year in April due to the impact of the COVID-19 pandemic. But bucking the trend, the country's new energy vehicle market sustained rapid growth, with sales surging ...
Automotive market research firm, IMR conducts custom syndicated and proprietary market research studies specifically focused on the automotive industry.
NEV sales have been a remarkable driving force for the domestic car market, exemplified by the latest car sales data for September. The wholesale figures for NEV manufacturers in September came to 675,000 units, an increase of nearly 95 percent compared with the same period last year, partly ...
The resilient production has backed up the sales, consolidating China's place as a world leading car production hub. Official data show that about 1.91 million Chinese vehicles were exported from January to August, up 44 percent year-on-year, surpassing those of Germany, as exports of NEVs alm...
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China's automobile industry was expected to see a 24.8 percent yearly increase in sales volume in the first half of this year, according to data from the China Association of Automobile Manufacturers on Monday. From January to June, the cumulative sales volume of the automobile sector was predic...
In 2023, the South Korean auto parts industry had a sales value of almost 108 trillion South Korean won, showing an increase compared to the previous year.Original equipment manufacturer (OEM) salesmade up the majority of total sales. Other than OEM sales, exports and aftermarket spare parts ...
Auto sales refer to the number of cars and light trucks sold in the U.S. This statistic is closely watched by economists and investors since the automotive industry is a significant component of the U.S. economy. The automotive industry is also an important part of the global economy as mo...