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
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
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
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