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Russian light-vehicle sales fall 11% in 2016, down 1% in December https://t.co/GHMPzgldD6
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Although there may be signs of recovery in the Russian light-vehicle market, the improvement will be gradual and uncertain after another difficult year in 2016. IHS Markit perspective Significance: The Russian light-vehicle market posted an 11% fall for the full year in 2016 to 1,425,668 units, although declines have moderated in..more
China's passenger vehicle segment witnessed growth of 15% in 2016, with more than 24 million units sold, while total vehicle sales rose 14% y/y to over 28 million units, summary data from the China Association of Automobile Manufacturers (CAAM) show. IHS Markit perspective Significance: The Chinese passenger vehicle (PV) market in 2016..more
Chinese state-owned automaker Guangzhou Automobile Group Corp (GAC)'s passenger vehicle arm, GAC Motor, has launched three models under its Trumpchi brand at this year's North American International Auto Show (8−22 January) in Detroit, United States. The company has used the US show to launch the new GS7 sport utility vehicle (SUV), the GE3 electric..more