October 14, 2014
As growth slows in the world's largest auto market from break-neck speeds over the past decade, GAC aims to have exports of its Trumpchi brand account for a fifth of total sales in five years. It currently sells just a few hundred cars overseas. Last year, GAC earned a profit of 1.1 billion yuan on sales of around 13 billion yuan ($2.12 billion). : For the industry, U.S. auto sales in 2013 were 15.6 million, according to AutoData Corp., Woodcliff Lake, N.J. That was an increase of about 8 percent from 2012. Therefore, forecasts for 2014 imply slower growth.
WWI - Verdun's missing villages Inside SeaWorld Migrant crossing Delivering aid to Damascus Editor's choice Click here for more slideshows YOKOHAMA, Japan (Reuters) - Electric cars run soundlessly, launch x431 pro launch creader viii get some of the best mileage, and don't pollute the air. But if you ask officials in Yokohama, Japan's second-largest city, an electric car can do even more than that. : Many automakers have been forced into production cuts and temporary shutdowns over the past three months as vehicle demand stalls in a key market for firms trying to offset declining growth in established markets.
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