
Dongfeng Peugeot Citroen Automobile Company Ltd. in central China's Hubei Province on Saturday said it sold a record-high 440,000 cars this year as of Friday. In a press release, the 50-50 joint venture between Chinese carmaker Dongfeng Motor Corp. and French carmaker PSA Peugeot Citroen said it sold 223,800 Citroen autos and 216,200 Peugeot autos this year. The joint venture's sales also jumped 8.2 percent year on year, outperforming the industry average. In the first 11 months of 2012, total vehicle sales in the world's largest auto market increased 4.03 percent year on year to 17.49 million units, according to the China Association of Automobile Manufacturers (CAAM). The boost in sales has been partly attributed to the Diaoyu Islands issue that emerged in mid-September. Anti-Japan sentiment grew in China after the Japanese government's move to "purchase" part of the Diaoyu Islands on Sept. 11. Many Chinese customers have since snubbed Japanese auto brands, opting to buy from European and U.S. brands instead.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor