The Financial Times, November 11, 2015 Patti Waldmeir in Shanghai Beijing’s stimulus plan for the Chinese car market helped October motor vehicle sales to grow at their fastest pace in 10 months, driven by a tax cut on small cars. Chinese car buyers have been holding back on...
The Financial Times, July 27, 2015 On the eve of China’s largest car show in April, executives and analysts braced themselves for a “new normal”: single-digit sales growth after two fat years. Yet some are beginning to wonder if the world’s largest car market is actually entering...
The old automotive industry model - a way to provide mobility for middle-class consumers - no longer fits the China context, creating opportunities for innovation.
Bloomberg News, January 22, 2015 (Bloomberg) -- Toyota Motor Corp., which fended off Volkswagen AG to remain the world’s top automaker in 2014, may lose the sales crown as early as this year as it falls behind in China, the world’s biggest auto market. Toyota is predicting...
The Financial Times, January 13, 2015 by Tom Mitchell Multinational carmakers defied slowing economic growth in China last year, increasing their lead over Chinese rivals in the world’s largest automotive market. Sales of passenger cars, SUVs and minivans increased 9.9 per cent year-on-year to 19.7m units in 2014,...