Global automakers unveiled new SUVs, electric vehicles, and futuristic concept cars at the Shanghai Auto Show on Wednesday, racing for an edge in the world´s biggest auto market as growth slows after years of frenzied sales. China’s automotive market remains the most important in the world for manufacturers, with sales jumping 14.9 percent to 24.38 … Read more
Emblems of German luxury car maker BMW are pictured in a box at the BMW factory near Munich Daimler’s (DAIGn. DE) Mercedes-Benz is on track to overtake rival BMW (BMWG.DE) to take the title of the world’s biggest luxury carmaker, sales figures for November released on Monday showed. November sales of BMW branded luxury cars … Read more
Passenger car sales in China, the world’s biggest auto market, will grow nearly 13 percent this year from a year earlier, data from an industry association showed Tuesday. Judging from this year’s sales trend, sales of passenger and commercial vehicles will increase 10 to 12 percent year on year, according to China Passenger Car Association. … Read more