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Automobile Industry News

China's Auto Export Posted 71% Growth in Jan-May

Jul 02, 2010 - China’s automobile export increased during the first five months of 2010 on the back of recovering world economy. As the world economy is gradually recovering from the worst recession, automobile export industry of China

India's Passenger Vehicle Industry Posts 35% Growth in May

Jun 23, 2010 - Inexpensive car loans and increasing income levels helped passenger vehicle sales in India to surge 35% in May 2010. As per the Society of Indian Automobile Manufacturers (SIAM), India’s passenger vehicle sector grew 35%

Brazil's Car Production Increases Sharply in May

Jun 21, 2010 - Brazil’s car production in May 2010 increased 6.6% from April 2010 on account of surging demand in export market. According to the national automakers’ association Anfavea, automobile production in Brazil increased

Indian Auto Industry Continues Strong Performance in FY 2010-11

May 31, 2010 - Indian automobile industry recorded 25% growth in domestic sales in April 2010, mainly due to easy financing options and launch of new models. As per the Society of Indian Automobile Manufacturers, the good performance displayed

Brazil ? Auto Sales in April Rose 16.7% over Previous Year

May 28, 2010 - The automobile sales in Brazil rose 16.7% in April 2010 as compared to the same month a year ago on the back of improving credit lines and strong economic growth. According to the National Automobile Dealership Association or