Chinese Auto Brands Gain Larger Domestic Market Share In July
Fahad Shabbir (@FahadShabbir) Published August 10, 2022 | 12:20 PM
BEIJING, Aug. 10 (UrduPoint / Pakistan Point News - 10th Aug, 2022 ) --:Sales of Chinese-brand passenger cars continued steady growth in July, with their share of the domestic market further increasing year on year, industry data showed.
A total of 850,000 units of these cars were sold in China via retail channels last month, up 34 percent year on year and rising 4 percent on a monthly basis, according to the China Passenger car Association.
During the same period, retail sales of domestic-brand cars accounted for 47.4 percent of the total in China, up 4.8 percentage points compared to the previous year.
In the first seven months of the year, the cumulative market share of these cars rose 8.9 percentage points year on year to 47 percent of the domestic market.
Recent Stories
Govt likely to hike electricity price once again
Bismah Maroof announces immediate retirement from international cricket
Malala expresses unwavering support for Gaza people
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
More Stories From Miscellaneous
-
PDMA predicts gusty wind, rain with thunder, hails
2 days ago -
Iranian president Raisi given guard of honour at PM House
3 days ago -
Intellectuals, writers accolades Naseer Mirza on his literary contribution
4 days ago -
Bahawalpur Adabi Sangat hosts memorable mushaira
4 days ago -
Cattle farming vital to alleviate poverty in rural areas
4 days ago -
Pakistan: A land of tourism, archeological wonders
4 days ago
-
Transforming education sector: from job hunters to job creators
6 days ago -
Amjad Bobby remembered on 19th death anniversary for timeless contributions to music
10 days ago -
Legendary actor Nadeem’s 26 films released on Eid-ul-Fitr days in 50 years
11 days ago -
Besant Hall Cultural Centre to celebrate evening with Sanam Marvi on 26 April
11 days ago -
Radio Bahawalpur presents program “Eidi Shidi”
14 days ago -
Radio Bahawalpur to broadcast Eid programs
16 days ago