CHINA TOPIX

11/21/2024 04:39:25 pm

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Chinese Car Manufacterer

Sales of Passenger Cars in China.

Sales of Cars in China Surges in October as Consumers Cash in on Tax Cuts

China's car market seems to be on a roll as the sales of passenger vehicles climbed for the eighth consecutive month in October. Chinese consumers rushed to buy especially small-engine cars to cash in on tax cuts that are due to expiry by the end of the year.

SAIC Motor Corp Eyes Indian Market.

Chinese Car Maker SAIC Motor Eyes India to Drive up Revenue

China's top car manufacturer SAIC Motor Corp is planning to enter into the lucrative Indian market, as the company struggles to cope with sluggish demand back home.

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