Changan Automobile Co. plans to launch car sales next year in Russia, a popular export market for Chinese automakers, the Chongqing Business Daily newspaper reported. Changan unveiled a new SUV concept, the S95, at the Frankfurt auto show last month
Tag Archives: Sales
Russia’s car market will be Europe’s biggest by 2020, forecaster says
The Russian auto market will overcome its current slump and overtake Germany to become the largest in Europe – and the fifth biggest globally – by 2020 as car ownership increases, a Boston Consulting Group study said.
Spain will extend car scrappage scheme
The Spanish government said it would extend a scrappage scheme that subsidizes purchases of new cars. The subsidies have tempered the fall in sales in the recession-hit country.
Cut car taxes to boost sales, Italy’s auto association says
Italy’s auto industry association, Anfia, called on the country’s government to reduce the tax burden on motorists to boost flagging car sales.
European car sales fall 6% to 17-year low in June
European passenger car registrations fell by 6.3 percent in June to a two- decade monthly low as the region’s weak economy hurt demand at automakers including Volkswagen, Opel, Fiat and PSA/Peugeot-Citroen.
