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Slow start for car sales in 2015, excise hike hits demand in January
2015-02-03 07:47:52| Auto Dealers - Topix.net
General Motors India reported a 16.01 per cent decline in sales at 4,667 units in January as against 5,557 units in the same month last year. Hit by price hikes following withdrawal of excise duty concessions, car sales in India began on a tepid note this year with main players Maruti Suzuki and Hyundai posting single digit growth in January, while others like GM India and Ford saw decline in sales.
China Car Sales : Dip Expected in 2015
2015-02-02 23:23:42| Auto Dealers - Topix.net
Oxford, UK February 2, 2015; The seasonally adjusted annual rate of LV sales in December reached 25.9 million units, an increase of 1 million units from November, when sales had peaked to the previous all-time high by a considerable margin. Once again, the passenger vehicle sector led the charge, with sales of locally made models reaching 1.97 million units, an increase of an astonishing 20 percent year-on-year.
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India Car Sales Rise in January
2015-02-02 15:19:30| Auto Dealers - Topix.net
Car makers in India continued their sales growth momentum into the new year, as a recovering Indian economy, lower fuel prices and new model launches helped draw more customers to showrooms.
New car sales up 31 percent and could be over 100,000 in 2015
2015-02-02 14:14:35| Auto Dealers - Topix.net
The SIMI released figures today that suggest that car sales for 2015 could be over 100,000 for the sector with represents 2.2% of the total employment for the economy. The SIMI released figures today that suggest that car sales for 2015 could be over 100,000 for the sector which represents 2.2% of the total employment for the economy.
TAIPEI: Imported car sales up, luxury brands soar in Taiwan
2015-02-02 05:55:46| Auto Dealers - Topix.net
Even in the land of accessible public transit, scooters and a successful city-wide bike-share system in Taipei, Taiwan consumers have increased their appetite for imported cars, a recent report said. In 2014, there were 423,000 new car purchases made in Taiwan.
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