综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Auto Data

China auto show reports surging sales amid price war

(Xinhua) Updated: 2015-07-20 14:29

CHANGCHUN - A Chinese auto show has reported surging sales of 5.7 billion yuan ($922 million) as car dealers cut prices to clear inventories.

A total of 28,627 vehicles were sold at the 12th China Changchun International Automobile Expo, which concluded on Sunday in the northeastern city of Changchun, up from 19,100 last year, according to the organizers.

One of five major auto shows in China, the event has been a barometer for the Chinese car market. A total of 146 brands were present at this year's show with 1,226 models.

Organizers said more than 70 percent of the cars shown this year were priced below market price, indicating an intense price war amid the cooling domestic market.

After years of explosive growth, the Chinese auto market saw sales up by a mere 1.4 percent year on year in the first half of 2015, when around 12 million vehicles were sold, according to the China Association of Automobile Manufacturers.

Sales in June fell by 5.3 percent month on month to 1.8 million, down by 2.3 percent compared with the same period last year. Industry insiders predict this year's growth to be a tepid 3 percent instead of the expected 7 percent.

Hot Topics

Editor's Picks
...
浮梁县| 东宁县| 黑龙江省| 民丰县| 文成县| 新巴尔虎左旗| 科技| 江油市| 应城市| 安泽县| 自贡市| 金坛市| 郴州市| 大荔县| 锡林郭勒盟| 达日县| 霍州市| 仙居县| 盘山县| 米泉市| 万山特区| 安新县| 北川| 内乡县| 通化县| 汉中市| 洪江市| 永吉县| 南涧| 新昌县| 京山县| 南木林县| 汪清县| 罗源县| 金溪县| 诸暨市| 彰化县| 马山县| 衡水市| 洱源县| 苏州市|