Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->China auto sales shrink in December, end year up 1...You are the 465150 visitors
Views:834   |   recommendation:   |   Votes:0   |   Discuss:0
China auto sales shrink in December, end year up 1.4 percent


China's auto sales shrank in December and ended 2017 up a lackluster 1.4 percent over a year earlier as the popularity of SUVs helped to offset falling demand for sedans, an industry group reported Friday.

Last month's purchases of SUVs, sedans and minivans in the biggest market by number of vehicles sold shrank 0.7 percent from a year earlier to 2.6 million, the China Association of Automobile Manufacturers said. Total vehicle sales including trucks and buses edged up 0.1 percent to just over 3 million.

Weak demand is a setback for global automakers looking to China to drive revenue at a time when Beijing is pressing the industry to pour resources into developing electric vehicles.

2017's annual growth was barely one-tenth the previous year's 15 percent rate, which was boosted by a temporary tax cut.

Source: AP

2018/1/18 16:18:00

Previous:    Interview: BMW optimistic about electrified car prospects in China
        Next:    Midwest Wholesale Hardware Acquires Strauss Lock Distributors

Recent Related News
Foreign firms cash in on China's manufacturing sector upgrades--2018-06-04
China's latest move on trade is a massive cut to car tariffs--2018-05-23
Vietnam's auto import falls in 4 months--2018-05-04
China working on "substantial" cut in auto tariffs: official--2018-04-28
Car production in Spain falls by 4 percent in February--2018-03-29
More policies expected to foster growth of green vehicles--2018-03-20
China's auto sales fall in February due to holiday--2018-03-15
China's auto sales post double-digit growth in January--2018-02-23
China plans to industrialize smart car technology--2018-01-23
Interview: BMW optimistic about electrified car prospects in China--2018-01-17
Vietnam's auto sales down 10 pct in 2017--2018-01-11
Vietnam's auto import declines in 2017--2017-12-21

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener8fastener

Fastener Shanghai


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Vietnam Manufacturing Expo, Aug 8-10, Hanoi, Vietnam

•Fastener Shanghai 2018 - Shanghai Fastener & Tech Show, Sept 26-29, 2018, Shanghai, China

•M-Tech Osaka, Oct 3-5, 2018, Osaka, Japan



Show Room



Offer Product

Latest News
• US July Fastener Distributor Index Surges Further, But Indicates Looming Slowdown

• Bossard Sales Grew 13% in 2018 First Half

Buyers' Guide
Company News

• Dongtai Huawei Standard Component Corporation: Develop New Products, Target on Mid and High-End Markets

• Donglong Metal Mold Machinery: Focus on Quality, Talents and Brand

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener