Subscribe free to our newsletters via your
. 24/7 Space News .




CAR TECH
China auto sales growth slows in May: group
by Staff Writers
Shanghai (AFP) June 10, 2013


Growth in China's auto sales slowed in May from a double-digit rise in April, an industry group said, as new data fuelled concerns that the world's second-biggest economy is faltering.

The country's vehicle sales rose 9.8 percent year-on-year last month to 1.76 million units, the China Association of Automobile Manufacturers said.

In April, vehicle sales in China -- the world's largest auto market -- had surged 13.4 percent on the year.

Several May economic figures released over the weekend have raised concern over the outlook for China's economy, which grew 7.8 percent in 2012, its worst performance in 13 years.

Auto sales for the first five months of the year fared better, rising 12.6 percent year-on-year to 9.03 million vehicles, the association said in a statement on Sunday.

"In the first half of the year, auto production and sales will continue to maintain a more than 10 percent increase, generally better than forecast at the beginning of the year," it said.

China's auto sales rose only 4.3 percent annually to 19.31 million units in 2012, hit by limits on numbers imposed by some cities to ease traffic congestion and tackle pollution.

Since last year, sales of Japanese brand vehicles have suffered from a territorial row between Beijing and Tokyo that sparked street protests and boycott calls, but other foreign auto manufacturers have rushed to gain market share.

Sales of Japanese brand passenger cars fell 11.5 percent year-on-year in the first five months, the official Xinhua news agency reported.

But sales of German, American, South Korean and French passenger cars all grew more than 20 percent in the period, it said, quoting the association.

.


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








CAR TECH
Los Alamos catalyst could jumpstart e-cars, green energy
Los Alamos NM (SPX) Jun 06, 2013
Los Alamos National Laboratory scientists have designed a new type of nanostructured-carbon-based catalyst that could pave the way for reliable, economical next-generation batteries and alkaline fuel cells, providing for practical use of wind- and solar-powered electricity, as well as enhanced hybrid electric vehicles. In a paper appearing recently in Nature Communications, Los Alamos rese ... read more


CAR TECH
LADEE Arrives at Wallops for Moon Mission

NASA's GRAIL Mission Solves Mystery of Moon's Surface Gravity

Moon dust samples missing for 40 years found in Calif. warehouse

Unusual minerals in moon craters may have been delivered from space

CAR TECH
SciTechTalk: Mars rover readies for 'road trip' on the Red Planet

First woman in space ready for 'one-way flight to Mars'

Aging Mars rover makes new water discoveries

Driving to 'Solander Point'

CAR TECH
Why innovation thrives in cities

Peanut butter, pyjamas, parmesan launched into space

White House moves to curb 'patent trolls'

A certain level of stress is necessary

CAR TECH
Final Countdown for Shenzhou 10

What's New for Shenzhou 10

China completes satellite ground station network

China publicizes Earth observation satellite's HD photos

CAR TECH
International trio takes shortcut to space station

Science and Maintenance for Station Crew, New Crew Members Prep for Launch

ESA Euronews: Living in space

Next destination: space

CAR TECH
Europe launches record cargo for space station

New chief urges Ariane 5 modification for big satellites

The Future of Space Launch

Rocket Engine Maker Proton-PM to Invest in New Products

CAR TECH
Kepler Stars and Planets are Bigger than Previously Thought

Astronomers gear up to discover Earth-like planets

Stars Don't Obliterate Their Planets (Very Often)

'Dust trap' around distant star may solve planet formation mystery

CAR TECH
Next-gen consoles battle for new gamers

A path to compact, robust sources for ultrashort laser pulses

Dutch duo peddle old bikes as fashion, furniture

To improve today's concrete, do as the Romans did




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal 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. 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. Privacy Statement