国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Cars

Chinese carmakers predict sales rebound

By Jamie Butters and Tian Ying (China Daily)
Updated: 2011-05-13 09:46
Large Medium Small

Chinese carmakers predict sales rebound
An automobile dealership in Nanjing, Jiangsu province. China's total vehicle sales stood at 1.89 million units in January and 1.83 million in March.?[Photo / China Daily]

SHANGHAI - Auto sales in China may continue to grow slowly this year through the second quarter before rising in the second half, said Wang Dazong, president of Beijing Automotive Industry Holding Co.

"I think it will pick up later this year and end up at about 10 percent," Wang said in an interview in New York on Wednesday. Beijing Auto is the Chinese partner of Daimler AG and Hyundai Motor Co.

Chinese automakers are seeking to boost sales as competition rises at home, with foreign carmakers introducing local models even after the nation ended tax breaks and subsidies, which helped propel the country past the United States as the world's largest auto market.

Related readings:
Chinese carmakers predict sales rebound Toyota to resume production in China in June
Chinese carmakers predict sales rebound Auto sales growth slows
Chinese carmakers predict sales rebound China produces 6.4m autos during first four months
Chinese carmakers predict sales rebound Auto Shanghai 2011

Car deliveries, including multipurpose and sport-utility vehicles, to dealerships rose 2.8 percent in April from a year earlier to 1.14 million units, the China Association of Automobile Manufacturers (CAAM) said. Sales may fail to increase by a previously estimated 10 to 15 percent this year, the industry group said last month.

"There is a limit as to how many vehicles Chinese consumers can buy in a month, and at present, the current 1.8- to 1.9-million level pretty much hit the ceiling," said George Yin, an analyst with BOC International in Beijing.

China's total vehicle sales stood at 1.89 million units in January and 1.83 million in March, according to CAAM.

Beijing Auto sold 1.49 million vehicles last year and aims to more than double sales to as many as 4 million by 2015.

The company is investing 4.12 billion yuan ($634 million) to build manufacturing facilities for its own brand of cars in the Chinese capital, with construction expected to finish by the end of November, according to its website.

The automaker is using technology from Saab Automobile AB, for which it paid about 1.4 billion Swedish krona ($221 million) in 2009, in its own-brand cars.

First-quarter profit of Beijing Auto, which isn't publicly traded, increased 54 percent to 3.48 billion yuan, according to its website. The automaker made a profit of 11 billion yuan last year.

Beijing Auto makes Mercedes Benz E-class and C-class sedans with Daimler, and Sonata sedans, Accent compacts and ix35 sport-utility vehicles with Hyundai Motor.

Beiqi Foton Motor Co, Beijing Auto's commercial-vehicle unit, formed a 6.35-billion-yuan truck venture with Daimler last year. Foton also plans to work with the German automaker to target overseas sales.

Bloomberg news

分享按鈕
南投市| 游戏| 郎溪县| 桐柏县| 孝感市| 贵溪市| 扎兰屯市| 太仆寺旗| 房山区| 吉木萨尔县| 蛟河市| 黄浦区| 永年县| 渝北区| 兖州市| 万全县| 青神县| 抚松县| 清水县| 增城市| 山东| 织金县| 嘉定区| 曲水县| 崇明县| 类乌齐县| 丰县| 苍溪县| 磴口县| 嘉鱼县| 江华| 柘荣县| 合山市| 根河市| 太康县| 西贡区| 芮城县| 淮阳县| 桂平市| 岐山县| 台北县|