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Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: China October auto sales up 72% to 1.2 mln units

Tue, 10 Nov 2009 10:00:00 -0500

Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, according to data reported Monday. Automakers sold a total of 1. [...]

Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: BMW, Audi report Chinese sales boost in October

Tue, 10 Nov 2009 09:55:00 -0500

The German luxury car maker BMW said on Monday that its sales rose further in October, with a leap in China, news echoed by German rival Audi. [...]

Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: Audi Oct sales up 0.4%, driven by new Q5 model

Tue, 10 Nov 2009 09:51:00 -0500

Audi AG said Monday that sales were up 0.4% at 82,750 cars in October, fueled by the new Q5 small sports-utility-vehicle and soaring demand in China. [...]

Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: BMW sees growth ahead as Oct sales edge up 2%

Tue, 10 Nov 2009 09:42:00 -0500

BMW forecast global sales would keep rising, letting it defend its role as the world's top premium carmaker, after sales volume edged up 2 percent in October to 115,252 units. "Our sales figures have been steadily recovering since April and we were able to make gains in October as planned. [...]

Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: Fiat car incentive credits to be paid soon

Tue, 10 Nov 2009 09:39:00 -0500

Italian tax authorities will shortly pay auto group Fiat over 400 million euros ($599 million) in tax credits due from car-buying incentives schemes, a source at the tax office said on Monday. "It's all ready. All we need is that Fiat presents (its claim). [...]

Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: GM spending C$90 mln to boost Canada production

Tue, 10 Nov 2009 09:35:00 -0500

General Motors Co said on Monday it would invest C$90 million ($85 million) to boost production at a joint venture plant in Canada where it builds two popular crossover utility vehicles. [...]

Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.: China raises gasoline, diesel prices as much as 8%

Tue, 10 Nov 2009 09:28:00 -0500

China, the world's second-largest energy user, raised gasoline, diesel and jet fuel prices by as much as 8 percent, the first increase in more than two months, as crude costs and demand climbed. Pump prices for 90 octane gasoline will be set at a maximum of 5. [...]