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[中國新聞] China May car sales up 22.6 percent year-on-year

http://www.reuters.com/article/2012/06/09/us-china-autos-idUSBRE85803C20120609

By Fang Yan and Ken Wills

BEIJING | Sat Jun 9, 2012 5:25am EDT

(Reuters) - Car sales in China rose 22.6 percent in May from a year earlier, according to data released on Saturday, extending the double-digit gain made in the previous month, as new models premiered at April's Beijing autoshow started to hit the showrooms.

In May a total of 1.28 million sedans, sport utility vehicles (SUVs), multi-purpose vehicles (MPVs) and minivans were sold in the country, the China Association of Automobile Manufacturers (CAAM) said. In the same month of 2011, that number was 1.04 million.

From January to May, deliveries climbed 5.5 percent to 6.33 million, continuing an uptrend which started in April.

The strong rebound by Toyota Motor (7203.T) and Honda Motor (7267.T), which both suffered severe shortages of parts a year ago after northern Japan's devastating earthquake and tsunami in March 2011, also pushed up the monthly tally.

Demand is likely to remain solid if Beijing renews some of its policy incentives which helped propel China beyond the U.S. as the world's largest car market by volume in 2009, industry observers say.

"The incentives will help bolster demand for minivans, and cheap cars like (the) QQ, which are popular in lower-tier cities and rural areas," said John Zeng, Asia Pacific director at industry consultancy LMC Automotive. "If such policy incentives do come out as expected, sales in the second half would definitely be better than the first half."

A source told Reuters late last month that Beijing would soon resume paying subsidies to rural residents who trade in old vehicles for new, fuel efficient ones to rekindle automobile demand amid a market slowdown.

Beijing introduced a series of stimuli in 2009, including tax incentives for small cars, but China's auto market slowed significantly in 2011 after the policies expired, with annual car sales climbing 5.2 percent, down from a 33 percent and 53 percent annual gains in 2010 and 2009 respectively.

In the United States, automakers posted strong May sales gains from a year ago, but the sales rate still fell short of expectations as the broader economy softened.

Toyota and Honda saw their China car sales jumped 105 percent and 92 percent respectively.

General Motors (GM.N) maintained its leading position in China helped in part by a rebound in minivan sales, which contributed to about 55 percent of its monthly tally.

SAIC Motor Corp (600104.SS), a longtime partner of GM and Volkswagen AG (VOWG.DE), was the big domestic winner with a year-on-year growth rate of 20.9 percent in May.

not good news for 減排。
S Internatsionalom
Vospryanet rod lyudskoy!

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本帖最後由 peter236 於 2012-6-17 13:28 編輯
not good news for 減排。
MoiRhapsody 發表於 2012-6-17 09:19

This is good news indicating the Chinese economy is still booming.

For a country of 1.36 billion people, all modes of transportation are developing very rapidly. The development of subway systems and highspeed railway network indicates China is way ahead of the US and Canada in energy conservation. Most Americans and Canadians are still driving gasoline wasting cars.

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not good news for 減排。
MoiRhapsody 發表於 2012-6-17 09:19


X2!
totally not good news for 減排

This is good news indicating the Chinese economy is still booming.

For a country of 1.36 billion p ...
peter236 發表於 2012-6-17 13:25


中國經濟爆發關我地鬼事咩~ 唔係佢地忽然暴發, 香港, 溫哥華, 多倫多, 世界各地D樓價會無啦啦飆升得咁勁~ 我地呢D小市民, 小用家真係多得佢地唔少啦! 乜都俾佢地炒貴晒! 連奶粉, 尿片, 益力多都俾佢地炒貴埋~

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本帖最後由 peter236 於 2012-6-17 19:28 編輯
X2!
totally not good news for 減排

jiujiujiu 發表於 2012-6-17 16:27

Maybe you can ask the Canadians to stop driving their cars, as 80% of Canadians commute by driving.
The US and Canada lag behind China in terms of developing public transit systems.

The US and Canada consume more gasoline per capita, than most other countries in the world.

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