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Car sales in China decline due to slower economy

2015-09-11 19:49:04| Auto Dealers - Topix.net

New vehicle sales in China went down for three months in a row this August due to a struggling demand caused by an economic downturn and falling stock prices. The passenger car sales decreased 3.4% to 1.42 million cars last month after a 6.6% decline in July and a 3.4% fall in June.

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Second-Hand Car Sales At All-Time High

2015-09-11 16:38:45| Auto Dealers - Topix.net

The value of used-car sales increased by nearly 6% to a record-high of more 45bn, as 7.2 million second-hand cars changed hands in 2014, new figures show. According to a report published by British Car Auctions , in association with the Centre for Automotive Management, University of Buckingham, the value of used-car sales in 2014 reached 45.1bn - a year-on-year increase of 2.4bn.

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New launches drive up car sales in August by 6.06%

2015-09-10 21:29:38| Auto Dealers - Topix.net

Passenger car sales in India rose 6.06 per cent for the 10th straight month in August, driven partly by new model launches, even as the pace slowed down from a jump of 17.47 per cent during July. Industry body the society of Indian automobile manufacturers said sales over the past few months have been slow but they are on recovery mode.

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Passenger car sales up 6.06 percent in August: SIAM

2015-09-10 11:54:12| Auto Dealers - Topix.net

The growth of domestic passenger cars sales slowed last month, growing at just 6.06 percent from a jump of 17.47 percent during July, industry data showed on Thursday. According to the data furnished by the Society of Indian Automobile Manufacturers , passenger car sale's during August stood at 163,093 units from an off-take of 153,781 units.

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Focus on refinancing amid car sales slump

2015-09-09 21:58:30| Auto Dealers - Topix.net

THE SLUMP in car sales has sent several hire-purchase operators shifting from car loans to the low-risk refinancing market, according to Ayudhya Capital Auto Lease, or Krungsri Auto. Managing director Pairote Cheunkrut said yesterday that the competition this year was more intense because more players have promoted refinancing to offset the decline in new car loans.

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