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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.
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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Memphis Board Approves Airport Rental Car Facility Plans
2015-09-11 06:50:57| Air Courier - Topix.net
Sept. 10--The Memphis Airport Authority got the unanimous backing Thursday of the Land Use Control Board to build a 48-acre rental car maintenance facility, but over the strong objections of some residential neighbors. The Memphis City Council still must approve the zoning change for the $30 million project born of the need to make other property available for the future expansions of FedEx.
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.
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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