• Thu
  • Oct 2, 2014
  • Updated: 9:41am

Car Allowance Rebate System

Mainland car dealers fall up to 7.5pc

Hong Kong shares of major car dealers dropped yesterday after mainland officials played down reports that more incentives to boost the market were in the pipeline.

Wednesday, 27 June, 2012, 12:00am

'Cash for clunkers' talk drives up shares of car firms

Shares of Chinese carmakers surged yesterday on speculation that renewal of the 'cash for clunkers' programme could inject new life into a slowing market.

29 May 2012 - 12:00am

Output by carmakers crawls ahead by 6pc

Mainland carmakers' shipments of new passenger cars rose a meagre 6 per cent last month, according to preliminary data.

Carmakers shipped 1.34 million cars last month, up 6 per cent from a year earlier, according to preliminary figures released yesterday by the Shanghai-based China Passenger Car Association (CPCA).

9 Apr 2011 - 12:00am

Car subsidy scheme fuels sales but data shows growth moderating

The mainland's cash-for-clunkers subsidy programme continues to gather speed even as data from several big carmakers suggests overall sales growth is moderating.

Sales under the 'old-for-new' programme rose 50 per cent last month from August to 36,000 trucks, buses and cars, the Ministry of Commerce said yesterday on its website.

12 Oct 2010 - 12:00am