General Motors announced that it earned $2.87 billion in profits in the second quarter of this year, more than doubling its earnings in the same period of last year and setting a post-bankruptcy record.
China's automobile exports tumbled in the first half of this year amid the uncertain international trade environment
China's car market may be performing better than the country's leading auto organization expected.
Auto sales in China, the world's biggest auto market, surged 9.8 percent year on year to 2.09 million vehicles in May, data from an industry association showed Monday.
Convenience is said to be important by users, but most say cost is the most decisive factor
China's parallel-import car sales are growing at the fastest pace in the past two years, at 31.5 percent to more than 150,000 this year, according to a leading industry insider.
Cars has reported a year-on-year global sales growth of 5.5 percent in May.
Favorable policies remain the main driving force of new-energy car sales in China, and whether market demand will take over depends on technical breakthroughs and infrastructure, according to industry insiders.
US automaker Ford said Thursday that it sold a total of 391,294 vehicles in China in the first four months of this year, up 7 percent from last year's record-setting sales.
Global automaker Volvo Cars on Wednesday posted a sales hike for the first quarter, during which profits soared.
China's auto sales fell slightly in February, though industry officials say the dip does not reflect a longstanding trend.
German car producer BMW Group reported on Friday that 163,965 BMW, MINI and Rolls-Royce vehicles were sold in February, registering a year-on-year increase of 7.9 percent and a record figure in terms of February sales.
German automaker Audi AG announced on Thursday that its sales in China hit a new record in February.
Auto sales in China, the world's biggest auto market, fell 0.9 percent year on year to 1.58 million units in February.
German car producer BMW Group announced on Wednesday that its group revenues last year hit a new record for the six consecutive year.
Ford sold 63,350 cars in China in February, a 9 percent fall year-on-year. Yet its sales in the first two months totaled 194,182 units, an 18 percent rise from the same period last year.
German premium carmaker Audi AG defended its market leadership in China last year despite 1.4 percent fewer deliveries than 2014, and announced its electrification and digitization strategy for 2016.
The China Association of Automobile Manufacturers announced on Friday that passenger car sales totaled 2.2 million units in January, 9.3 percent more than a year earlier, and the production of new-energy vehicles surged by 144 percent.
Chinese passenger vehicle sales hit a three-year high in January, official data showed Friday.
China's production of new energy vehicles surged by 144 percent year on year in January to 16,100 units, the Ministry of Industry and Information Technology said on Tuesday.
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