Short Torque
Updated: 2013-04-15 07:58
(China Daily)
|
||||||||
Q1 sales higher than expected
First-quarter auto sales in China grew by more than 13 percent compared to the same period last year, outpacing estimates, according to the China Association of Automobile Manufacturers. Of the 5.42 million units sold, about 4.23 million were passenger vehicles, up 17.21 percent. Sales of commercial vehicles dropped 1.72 percent, a slower decline than what was seen a year ago.
Renault aims to move 40k units
French automaker Renault hopes to sell 40,000 units in 2013, said Chen Guozhang, CEO of Renault Greater China, in a recent interview. He said four models - Koleos, Megane, Latitude, and Fluence - will be locally made. Last year, Renault sold 29,724 units, growing 22.4 percent from a year ago. The Koleos was the company's highest-selling model, accounting for 90 percent.
Kia venture to debut green car
Dongfeng Yueda Kia said it will debut Huaqi, its wholly owned pure-electric car brand, during the Shanghai Auto Show later this month. Based on Kia's compact Cerato, Huaqi is only differentiated by its logo, which is in the shape of an "X". Driven by an electric engine, it can reach peak power of 30kW and a top speed of 110 km/h.
Auto Shanghai ready to roll
The largest international motor show in China's history - the Shanghai Auto Show - will be held from April 21 to 29. Nearly 2,000 automobile and component manufacturers from 18 countries and regions will be present at the event. Some 1,300 vehicles will be showcased, including 111 world premieres and 49 Asia debuts. There will be 69 concept cars and 91 alternative-energy vehicles on display.
Airbag recall hits home
Four Japanese automakers - Toyota, Honda, Nissan and Mazda - and their joint ventures in China will recall 32,622 vehicles in the country due to defective airbags, the General Administration of Quality Supervision, Inspection and Quarantine announced on April 11. Toyota will recall 5,100 units; Honda, 2,300; Nissan, 760, and Mazda, 24,500. This is part of a global recall of around 3.4 million vehicles.
VW strong in first quarter
Sales by Shanghai Volkswagen surpassed the 400,000-unit mark in the first three months of this year, the company announced recently. It sold nearly 409,000 units in China during that time, an increase of 27.8 percent from a year earlier. In March alone, it delivered nearly 132,000 units, up 23.6 percent from the same period last year.
Motoring
(China Daily 04/15/2013 page18)
- In Photos: 7.0-magnitude quake hits Sichuan
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Live report: 7.0-magnitude quake hits Sichuan, heavy casualties feared
Boston suspect cornered on boat
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |