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10 Million Vehicles to Hit Chinese Roads This Year
Aug 23, 2008 - The domestic automobile sales in China are expected to grow at about 15% to hit around 10 Million vehicles in 2008, says CAAM. Senior officials of CAAM (China Association of Automobile Manufacturers) revealed that the sales of
Vietnam - Planned Tax Increment Push Car Sales Up
Aug 12, 2008 - The Vietnamese car industry experienced high sales growth in January-May 2008 due to planned tax hike on car import, rising demand and changing lifestyle of people. Vietnam saw a two-fold rise of astronomical 162% in car sales
China - Car Sales Reached 3.02 Million Units during January-May 2008
Aug 11, 2008 - Due to growing economy and increasing consumer demand, the Chinese auto industry sold about 3.02 Million units in first five months of 2008, says CAAM. The CAAM (Chinese Association of Automobile Manufacturers) said that 3.02
Japan - Imported Vehicle Sales Slumped 23.8% in May 2008
Aug 07, 2008 - Sales of imported vehicles plunged by 23.8% in May 2008 due to hike in tax rate, rising fuel and food prices, and high competition from domestically manufactured vehicles. According to the Japan Automobile Importers Association
Vehicle Sales in Brazil Zoomed Ahead in April 2008
Jul 25, 2008 - The Brazilian auto industry grew by 29.9% in April 2008, thanks to improved consumer spending, higher employment and easy availability of auto finance. According to the National Motor Vehicle Distribution Federation (NMVDF),
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