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Buffett-Backed BYD Outdoes Nio, Xpeng EV Sales: What Investors Need To Know
Wednesday, January 6, 2021 - 7:47am | 538Read More...Chinese automaker BYD Co Ltd (OTC: BYDDF) is outshining leading rivals in the luxury electric sedan monthly sales despite an 11% year-over-year drop in total electric passenger car sales in 2020, reports CNBC. BYD sold 130,970 units of battery-powered electric vehicles...
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Tesla Achieves Record Giga-Shanghai Model 3 Deliveries In November
Tuesday, December 8, 2020 - 5:59am | 258Read More...Tesla Inc (NASDAQ: TSLA) continues to ramp up production in Giga China. In November, the EV maker registered 21,604 vehicle deliveries in China, a 78% month-over-month increase from 12,143 units in October, according to the Tesmanian blog. Tesla shipped 7,000 Giga China produced Model 3s...
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Sterne Agee: Global Vehicle Sales Rose 2.1% In The First 11 Months Of 2014
Monday, December 29, 2014 - 9:27am | 196Read More...Michael Ward of Sterne Agee stated in a note on Sunday that global vehicle sales improved 2.1 percent in the first 11 months of 2014 to 75.2 million units and remain on track to reach 81.5 million for all of 2014, an all-time high. Ward notes that positive trends continue to be seen across the...
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General Motors Continues Its Battle To Win The Chinese Market
Wednesday, March 5, 2014 - 2:45pm | 529Read More...China is vital for General Motors (NYSE: GM). Afterall, the Detroit-based automaker sells more vehicles in China than any other country, including the United States. When General Motors announced that February deliveries rose 20 percent, investors should find further conviction that the company...
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Ford China Vehicle Sales Rise 47% In November
Thursday, December 5, 2013 - 7:10am | 59Read More...Sales at Ford Motor Co (NYSE: F) and its Chinese joint ventures surged 47% y/y to 99,157 vehicles in China in November. Ford sales in China had jumped 55% y/y in October. In the first eleven months of the year, Ford's sales climbed 51% y/y to 840,975 vehicles. Ford shares closed at $16.62...
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China 2012 Auto Sales Rise 4.3%
Friday, January 11, 2013 - 5:04am | 45Read More...Auto sales in China climbed 4.3% in 2012. According to the China Association of Automobile Manufacturers, car sales rose to 19.3 million units, versus 18.5 million, in the year-ago period. However, the CAAM was projecting an 8% rise in sales. Total sales of passenger cars climbed 7% to 15.5...
