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  • September 15, 2014
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Results 1 - 10 of 40 for first-time buyer

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  1. Business - China Business - CARS

    China's car showrooms go all out to woo buyers, offer manicures, free food

    Posted Aug 28th 2013, 12:00am by Bloomberg

    ... the price. About half of all car purchases in the mainland are made by first-time buyers like Xu, who have limited knowledge about cars, according to researcher Nielsen. Carmakers and dealerships go ... process from what you'd see in the US," said Nigel Harris, Ford Asia Pacific's vice-president of sales and service. "Not only are they first-time car buyers, but their family ...

  2. Business - Companies - CARS

    VW outsells GM to be top carmaker in China

    Posted Jul 12th 2014, 12:52am by BLOOM

    ... million units, an 11 per cent increase. In 2013, the German carmaker outsold GM in China for the first time in nine years. China is the biggest market for both VW and GM and key to the three-way ...

  3. Business - China Business - CARS

    More Chinese cities to limit car purchases to fight pollution

    Posted Jul 11th 2013, 12:00am by BLOOM

    ... first-time buyers in smaller cities, where incomes are rising rapidly, according to Jeff Chung, a Hong Kong-based automotive analyst at Daiwa Securities. Still, vehicle sales may slow as the economy ...

  4. Business - China Business - CARS

    Charm offensive drives pitch on brands

    Posted Nov 22nd 2013, 03:02am by Reuters

    ... including those splurging on top-of-the-range premium models, are first-time buyers and have little loyalty to any global brand. In an attempt to sway mainland hearts and minds, Mercedes-Benz plans ... Reuters in Guangzhou In a crowded market, sales gimmicks abound to lure buyers of luxury models and carmakers reinforce the effort with loyalty-building moves Charm offensive drives pitch ...

  5. Business - China Business - CARS

    Buyers slam Tesla over late delivery of Model S battery-powered sedans

    Posted Apr 23rd 2014, 12:50am by Kwong Man-ki

    ... the delivery ceremony in Beijing disgruntled buyers are dampening the party for the US manufacturer. While nine customers drove away with the electric cars in Beijing, 23 other buyers outside ...

  6. Business - Companies - CARS

    Toyota retains crown for global sales

    Posted Jan 24th 2014, 02:19am by BLOOM

    ... corporate structure with a greater focus on emerging markets, and appointed three outside directors to join the board for the first time. Toyoda, grandson of the company's founder, is also ... year, as GM lost its top spot to VW for the first time in nine years, Ford overtook Toyota despite a record year for the Japanese carmaker. Demand recovered as consumers returned to showrooms ...

  7. Business - China Business - CARS

    VW battles with GM for top car sales in China

    Posted Dec 27th 2012, 12:00am by BLOOM

    ... on the world's largest pool of first-time car buyers to help offset declining sales in Europe. Total vehicle sales may surpass 19 million units this year, according to the China Association of Automobile ...

  8. Business - China Business - CARS

    GM retains top sales slot among foreign carmakers in China

    Posted Jan 15th 2013, 12:00am by BLOOM

    ... million units for the first time this year. GM plans to add 400 dealerships, focusing on smaller cities, while Volkswagen plans to invest €9.8 billion (HK$101.7 billion) until 2015. "GM ... president. "We benefited from a broad portfolio of models that are meeting the diverse needs of vehicle buyers across China." In the fourth quarter, Volkswagen outsold GM for a second ...

  9. Business - China Business - CARS

    Vehicle sales soar past record 20m in China

    Posted Jan 10th 2014, 01:28am by BLOOM

    ... to 935,813 units, outselling Toyota on annual basis for the first time. Global leader Toyota fell to No 6 among foreign makers, although sales leapt 9.2 per cent to a record 917,500 units. ...

  10. Business - China Business - CARS

    Infrastructure snag to deter China's green car buyers

    Posted Feb 11th 2014, 01:57am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Lack of charging stations to upset mainland plan, despite subsidies for buyers, say analysts Infrastructure snag to deter push to go green ... will deter potential buyers, analysts said. Despite the government's efforts to promote the use of green vehicles given the worsening pollution problem, electric cars were unlikely to replace ...




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