In the first month of 2024, China’s automobile production and sales saw a month-on-month decrease of 21.7% and 22.7%, but a year-on-year spike of 51.2% and 47.9%, respectively, according to statistics from CAAM. Passenger vehicle production and sales in January totaled a respective 2.083...
January 2024 auto sales are expected to decelerate from the quickening realized in December, with the pace of demand falling back to a SAAR of 15.2 million units With volume for the month projected at 1.09 million units, January 2024 U.S. auto sales are estimated to translate to a sales pa...
January auto sales in 2025 are expected to decelerate from the uptake realized in December, but still sustain some of 2024's fourth-quarter progress. January US auto sales are estimated to hit 1.15 million units, translating to an estimated sales pace of 16.2 million units (seasonally a...
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Automakers in South Korea reported a 5% increase in domestic vehicle sales for 2023, registering 1.46 million units sold. However, December sales declined almost 13% amid weak performances by top brands Hyundai and Kia. Preliminary data shows the five major automakers — Hyundai, Kia, GM Korea,...
In November 2024, SAIC-GM reported terminal sales of 66,797 units (including exports), marking five consecutive months of month-over-month growth. However, total sales from January to November stood at just 600,000 units—far below the 1.001 million units sold in 2023. Full-year sales for ...
Looking at sales figures, the start of 2024 has been deeply negative brutally interrupting recent years momentum. While the second half of the year saw some improvement, full-year sales still fell 7.9% to 386,439 units compared to 2023. ...
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...
January 2, 2024 FTC’s Combating Auto Retail Scams (CARS) Rule The Federal Trade Commission (FTC) released the CARS rule this month, which could significantly alter the automotive sales process. The Rule requires additional disclosures… December 21, 2023 Update Inventory, Avoid Bait and Switch...
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...