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AUTO SALES: China auto sales set for third year of decline -industry association

  • Date: 12-12-19
  • Category: AUTO SALES
  • Source: Investing

BEIJING/SHANGHAI (Reuters) - China's auto market, the world's biggest, is set for a third year of contraction with a 2% decline in sales next year, hit by a weaker economy and U.S.-China trade tensions, the country's top auto industry body said on Thursday.

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AUTO SALES: SIAM urges petroleum ministry to provide BS-VI fuel ahead of the April 2020 deadline

  • Date: 10-12-19
  • Category: AUTO SALES
  • Source: Financial Express

The Society of India Automobile Manufacturers (SIAM), on the sidelines of announcing last month’s numbers said that the sales are still showing a negative trend. This was observed more on the commercial vehicle side while more passenger units have started rolling off the showoom floors compared to last month. SIAM says that the decline in sales is due to varied reasons.

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AUTO SALES: China Car Market Heads for Unprecedented Second Annual Drop

  • Date: 09-12-19
  • Category: AUTO SALES
  • Source: Bloomberg

Car sales in China continued to decline in November, extending a historic slump and all but ensuring a second straight annual drop for the world’s biggest auto market.

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AUTO SALES: Rise of SUVs 'makes mockery' of electric car push

The "immense" rise in sales of high-emission sports utility vehicles means they now outsell electric cars in the UK by 37 to one, research has found.

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AUTO SALES: Record demand for alternatively fuelled cars in November but overall UK market falls -1.3%

  • Date: 05-12-19
  • Category: AUTO SALES
  • Source: SMMT

The UK new car market fell -1.3% in November, with 156,621 models registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). This maintains the downward trend for new car registrations throughout 2019, as multiple factors, including weak business and consumer confidence, economic uncertainty and confusion over diesel and clean air zones, combined to affect demand.

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AUTO SALES: India Light Vehicle Sales Update November 2019

  • Date: 03-12-19
  • Category: AUTO SALES
  • Source: LMC Automotive

India’s Light Vehicle (LV) wholesales in October spiked to 336k units (-2% YoY), from an average of 288k in the previous nine months. This was due, in part, to automakers stocking up for the festival season.

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AUTO SALES: China Raises 2025 Electrified-Car Sales Target to About 25%

  • Date: 03-12-19
  • Category: AUTO SALES
  • Source: Bloomberg

China raised its 2025 sales target for electrified cars as the government tries to spur an industry that’s showing signs of slowing down.

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AUTO SALES: Japanese Hybrids Are Beating the Slump in China’s Car Market

  • Date: 28-11-19
  • Category: AUTO SALES
  • Source: Bloomberg

China’s once-in-a-generation car slump is hobbling carmakers around the globe that placed their bets on what is the world’s biggest auto market. But one group is weathering the slowdown unscathed: Japan.

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