(Yicai World) July 11 — China’s automobile gross sales will rise 3 % this yr, a key {industry} group forecast right this moment, lower than the 5.4 % achieve it predicted final December, due to a decline in demand for industrial automobiles. The China Affiliation of Car Producers scaled down […]
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Automobiles drive on the street throughout the morning rush hour in Beijing, China, July 2, 2019. REUTERS/Jason Lee Register now for FREE limitless entry to Reuters.com Register SHANGHAI, July 11 (Reuters) – A stoop in commercial-vehicle demand led China’s vehicle {industry} affiliation on Monday to downgrade its gross sales forecast, […]
FILE PHOTO: A logo of BYD is painted inside an assembly line of the automobile maker in Shenzhen, China May 25, 2016. REUTERS/Bobby Yip BEIJING (Reuters) – Chinese electric vehicle maker BYD Co Ltd (002594.SZ), (1211.HK) reported on Tuesday a 42{d758473eadf0b692d331aa823300cffd0ef21fd1fd535177f3429dd328b70b5d} drop in 2019 profit, saying cuts in government subsidies […]