久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Motoring Opinion

China auto market growth slows sharply in January

(Agencies) Updated: 2014-02-14 11:31

?

China auto market growth slows sharply in January
Lines of cars are pictured during a rush hour traffic jam on Guomao Bridge in Beijing July 11, 2013. [Photo / Agencies]

Growth in China's auto market slowed to 6 percent in January, a third of the rate seen in December, partly weighed down by sluggish sales of commercial vehicles likes trucks and buses.

The relatively slow growth in the world's biggest auto market was also due to the week-long Chinese New Year holiday, or Spring Festival, starting at the end of January that resulted in fewer working days compared with 2013, analysts said. Most dealers close during the holiday, which fell in February last year.

The China Association of Automobile Manufacturers (CAAM) said on Thursday passenger vehicle sales rose 7 percent from a year earlier while commercial vehicle sales, which make up around 15 percent of the entire auto market, were virtually flat.

true "Companies typically don't invest much on commercial vehicles at the start of a year, and that was much more evident in January this year due to the timing of the Spring Festival," said Wan Dong, analyst at Capital Securities.

The overall market grew 17.9 percent in December last year and ended the 2013 year with a growth rate of 13.9 percent.

CAAM last month said the auto market would likely grow 8-10 percent in 2014, echoing views from industry experts and analysts that 2014 would be another strong year for China's auto market.

Foreign carmakers like General Motors Co (GM.N), Ford Motor Co (F.N) and Toyota Motor Corp (7203.T) reported double-digit growth in January, but some local players like Geely Automobile Holdings Ltd (0157.HK), posted sharp declines.

CAAM, whose members include China's biggest automakers like SAIC Motor Corp Ltd (600104.SS) and FAW Group, reiterated its opposition against any relaxation of foreign investment rules in the auto industry as indicated by several policymakers.

The Ministry of Commerce told a media briefing in November that the government would likely relax foreign investment restrictions soon in areas including auto manufacturing.

Currently, foreign ownership in a Chinese joint venture is capped at 50 percent.

"If China relaxes foreign ownership rules, it would be devastating to China's indigenous brands," CAAM, one of China's biggest industry associations, said in a statement. "Chinese local brands would be killed in the cradle."

China has required global automakers to form joint ventures in order to produce cars in the country, hoping that Chinese carmakers can absorb foreign technology and management expertise to become more competitive.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成年片美女福利视频在线 | 久草首页在线 | 国产成人久久精品二区三区 | 国产视频高清在线观看 | 国产精品久久久久久亚洲伦理 | 欧美a一| 国产精品合集一区二区 | 日韩黄色免费观看 | 中文偷拍视频在线观看 | 国产成人深夜福利在线观看 | 精品精品国产高清a毛片 | 久9青青cao精品视频在线 | 日本久久不射 | 国产成人精品日本亚洲语音1 | 91网站网站网站在线 | 男人天堂视频网站 | 久久精品视频在线观看榴莲视频 | 一级做a免费视频观看网站 一级做a爰 | 69精品免费视频 | 欧美亚洲中日韩中文字幕在线 | 中美日韩在线网免费毛片视频 | 一区二区三区四区免费视频 | 久久午夜影视 | 成人国产精品免费网站 | 日韩精品小视频 | 久久久久国产精品免费看 | 精品国产免费人成在线观看 | 一色屋成人免费精品网 | 欧美日韩国产一区二区三区播放 | 一级毛片视频在线 | 国产三级做爰高清视频a | 中文字幕在线观看91 | 免费亚洲视频在线观看 | 国产高清一| 日韩一级免费毛片 | 成人网免费看 | 日本在线观看免费看片 | 免费一级毛片不卡在线播放 | 国产盗摄视频 | 男人操美女网站 | 日本加勒比系列 |