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China: PSA sales jump could signal market turn towards mass-market automakers


PSA Peugeot-Citroen saw its global sales rising around 4% last year to a total of 2.94 million vehicles for the first time in the last four years – but more importantly, the growth was triggered by a 32% jump in deliveries in China. The world’s largest auto market is just second when it comes to the luxury segment, though the growth ...
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November comes with slower sales growth for VW AG
Germany’s Volkswagen Group, the largest automaker in Europe and the second-biggest in the world, announced that its November deliveries only edged the same period of 2013 by 0.7%, reaching total ...
Europe: Ghosn sees the region’s sales growing in 2015 for the alliance
Renault-Nissan CEO Carlos Ghosn remains bullish about the prospects of the company in one of its core-market regions – Europe. He is also increasingly confident that the Japanese member would ...
Despite troubled global forecast, BMW sees growth in 2015
Even though the economic expansion in the core market region of Europe has again stalled, and elsewhere around the world geopolitical risks continue to grow, the largest luxury automaker in ...
US: GM Financial finally ready to grow
The captive finance arm of the No. US automaker has needed four years to establish itself, but it’s now finally ready to take a swing at the automotive sector and ...
US: Black Friday deals boost sales in November
People are not being scared by the menacing name of the now very popular discount celebration, which means that customers would get out of the house in search of the ...
China: BMW CEO forecasts lower margins with higher sales
The chief of the German company’s China business foresees earnings from profit margins could take a hit because the luxury automaker is increasingly localizing production in the world’s largest auto ...
China: VW ascension expected to slow down to 10% in 2014
Volkswagen AG counts on China to remain its primary worldwide market, but due to a conservative strategy that imposed more limitations on the local capacity growth, sales in the country ...
Is China approaching its automotive peak?
While automotive executives are pushing for increased spending, output and better positioning in China – the world’s largest auto market – analysts warn that the country’s decade long car sales ...
China: October sales climb just 2.8%
The Chinese auto industry, the world’s largest market, has shown its first signs of weakness, with sales in October further slowing down to a 2.8% positive result. The country’s auto business ...

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