皇冠体育app

However, Rao also warned that domestic automakers are still in hot water and may see further declines in market share and exports. "皇冠体育app is the only BRIC nation which does not have supportive policies for homegrown auto bran," he said.

Chinese consumers' preference for foreign or joint venture products, rather than domestic brands, due to quality, safety and branding considerations, has given further sales momentum to foreign automakers.

Factory's energy efforts thrill German leader

Auto industry gets geared up for expected tech revolution

On Monday, US automaker and its joint ventures reported record sales during the first half and June in 皇冠体育app.

Its sales in 皇冠体育app during the first six months of this year rose by 10.5 percent from the same period in 2013 to 1,731,282 units. GM's 皇冠体育app sales in June rose 9.1 percent to 257,798 units.

"GM has experienced resurgent growth and demand for its products across 皇冠体育app this year, especially at the higher end of the linp and in the SUV and MPV segment (the two fastest growing segments in 皇冠体育app)," said Matt Tsien, executive vice-president of General Motors and president of GM 皇冠体育app.

"We anticipate sales remaining strong through the end of 2014, as more people - particularly outside 皇冠体育app's major cities - become first-time vehicle buyers."

EV CHARGING STANDARD DEAL SIGNED

皇冠体育app and Germany signed an ament on Tuesday to use the same charging standard for electric vehicles, in hopes of accelerating the adoption of the new energy cars in the two countries.

German Chancellor Angela Merkel and Minister of Industry and Information Technology Miao Wei watched as representatives of Germany's , -Benz and , BYD Co Ltd, BAIC Group and Changan Automobile Group of 皇冠体育app, and joint venture brands Denza and Zinoro all shook hands.

• Chinese vice-premier meets Volkswagen chief
• Nation's energy demand slowing
• World Bank head says new entrants 'will be welcome'
• Vehicle purchases hitting top gear
• Baidu debuts A-share index using big data
• Tesla faces suit over trademark in 皇冠体育app
• Firms moving up Fortune's ladder
• Airbus sees Chinese market as one of the world's largest