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China Auto Sales Up 13% in March Due to Discounts


Passenger vehicles sales in China increased 13% in March, due to high discounts which increased demand. Last month wholesale deliveries of vehicles reached 1.59 million units, close to analysts’ estimations of 1.6 million units, according to the China Association of Automobile Manufacturers. Automakers increase incentives to boost sales, offering bigger promotions to get rid of the stockpiles which climbed at the ...
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Toyota Increases Discounts for Camry After February Sales Drop
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Carmakers in Germany are beginning to offer significant discounts on their models, as the largest European market is starting to feel the effects of the eurozone crisis. Mercedes-Benz for instance offers ...

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