Energy News  
CAR TECH
China auto sales speed up 14.6% in June: industry group
by Staff Writers
Beijing (AFP) July 11, 2016


Car sales growth in China, the top global auto market, accelerated for the second consecutive month, an industry group reported Monday, despite continued woes in the world's second-largest economy.

A total of 2.07 million vehicles were sold in China last month, up 14.6 percent from a year ago, the China Association of Automobile Manufacturers (CAAM) said in a statement.

The numbers were an increase on the 9.8 percent gain posted in May, which was itself an improvement on April's 6.3 percent.

China is crucial to foreign automakers, who have set up a series of joint ventures as they seek to make the country's growing middle class more mobile.

Auto sales reached 24.6 million last year, and in October the government sought to boost the market by slashing the purchase tax on passenger cars with small engines.

Sales of passenger cars reached 1.78 million units in June, up 17.7 percent year-on-year, CAAM data showed.

The pickup came despite protracted weakness in the world's second-largest economy, where growth slowed to 6.7 percent in the January-March period, the worst quarterly expansion in seven years.


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
CAR TECH
German parliament to investigate government's role in 'Dieselgate' scandal
Berlin (AFP) July 7, 2016
Germany's parliament on Thursday was to launch a probe into whether the government colluded in the engine-rigging scandal engulfing auto giant Volkswagen. The special panel, set up in the lower house at the behest of the opposition Green and Left parties, was scheduled to begin its first meeting at 4:00 pm (1400 GMT). German governments have traditionally had very close ties to the auto ... read more


CAR TECH
Neural networks to obtain synthetic petroleum

From climate killer to fuels and polymers

Study shows trees with altered lignin are better for biofuels

Solar exposure energizes muddy microbes

CAR TECH
Flipping crystals improves solarcell performance

Discovery could dramatically boost efficiency of perovskite solar cells

Solar nano-grids light up homes and businesses in Kenya

Scientists explain unusual and effective features in perovskite

CAR TECH
More wind power added to French grid

How China can ramp up wind power

Scotland investing more in offshore wind

Gamesa, Siemens join forces to create global wind power leader

CAR TECH
Sweden's 100 percent carbon-free emissions challenge

Norway MPs vote to go carbon neutral by 2030

Algorithm could help detect and reduce power grid faults

It pays to increase energy consumption

CAR TECH
3-D paper-based microbial fuel cell operating under continuous flow condition

Bangladesh coal plant threatens World Heritage mangrove: petition

Building a better battery

Activists denounce murder of Philippine anti-coal campaigner

CAR TECH
Teenagers at Keele University Discover Possible New Exoplanet

What Happens When You Steam a Planet

How Planetary Age Reveals Water Content

When it comes to brown dwarfs, 'how far?' is a key question

CAR TECH
Lockheed Martin gets Canadian submarine contract

Ingalls Shipbuilding gets $272 million LHA-8 contract

Russian ship conducts 'aggressive' moves near US cruiser

Navy tests Magic Carpet carrier landing technology

CAR TECH
Unusual form of sand dune discovered on Mars

Mars Rover's Sand-Dune Studies Yield Surprise

ChemCam findings hint at oxygen-rich past on Mars

Curiosity rover analysis suggests Mars has oxygen-rich history









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.