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China auto sales growth slows in August
2014-09-12 00:02:47| Auto Dealers - Topix.net
China's auto sales reached 1.72 million vehicles in August, a rise of just 4.0 percent compared with the same month a year ago, an industry group said Thursday. In July sales had climbed 6.7 percent year-on-year to 1.62 million vehicles, previous figures showed.
Govt looking at extending excise duty concessions to auto sector
2014-09-11 19:54:27| Auto Dealers - Topix.net
Automobile sales in India fell for the second consecutive year in 2013-14 and were 4.65 per cent lower at 17,86,899 units. Summary Automobile sales in India fell for the second consecutive year in 2013-14 and were 4.65 per cent lower at 17,86,899 units.
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Wedbush Reiterates "Outperform" Rating for Advance Auto Parts
2014-09-11 18:19:18| Auto Parts - Topix.net
's stock had its "outperform" rating reissued by investment analysts at Wedbush in a note issued to investors on Thursday. They currently have a $155.00 price objective on the stock, up from their previous price objective of $150.00.
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rating
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advance
Report - China to consider loosening rules for auto dealers
2014-09-11 15:42:48| Auto Dealers - Topix.net
China's lawmakers are considering relaxing restrictions on car dealers so that they can sell vehicles from multiple brands in the same store, according to people familiar with this matter. Last week, the Ministry of Commerce, in charge of regulating car sales, privately met with dealers and carmakers to talk about changes to the rules.
China's auto sales growth decelerates to 8.5 per cent in August but SUV sales jump 30 per cent
2014-09-11 11:31:39| Auto Dealers - Topix.net
China's auto sales growth decelerated further in August to 8.5 per cent while sales of popular SUVs surged by nearly a third. The China Association of Automobile Manufacturers said Thursday that drivers in the world's biggest auto market by vehicle sales bought 1.5 million passenger cars.
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