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China's second-half car sales defy global slump with 8 per cent gain, as buyers return to showrooms in world's largest vehicle market


China’s second-half car sales defy global slump with 8 per cent gain, as buyers return to showrooms in world’s largest vehicle market
Daniel Ren in Shanghai [email protected]
© SCMP
Customers thronged a Tesla showroom on Shibo Avenue in Shanghai s Pudong district to check out the locally assembled Model Y on january 3, 2021. Photo: Daniel Ren
China s car sales increased during the six months ended in December, as customers returned to showrooms amid a tentative recovery in consumer sentiment in the first major economy to emerge from the coronavirus lockdown.
Sales of passenger vehicles - cars, sports-utility vehicles (SUVs) and minivans, excluding commercial trucks and buses - rose 8 per cent to 11.75 million units in the six-month period, compared with the interim a year earlier. Annual sales volume fell for the third straight year in 2020, shrinking by 6.8 per cent to 19.6 million units, according to data by the China Passenger Car Asso ....

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Tesla's Shanghai-made Model Y gets rousing reception as Chinese buyers rush to place orders for competitively priced SUV


Tesla’s Shanghai-made Model Y gets rousing reception as Chinese buyers rush to place orders for competitively priced SUV
Buyers of the locally made Model Y will have to wait until late February for deliveries to start, according to staff at a showroom in Shanghai
Prices start from 339,000 yuan (US$52,074) for Long Range version, excluding a government subsidy, 30 per cent cheaper than the price quoted six months ago ....

Daniel Ren , Shibo Avenue , Model Y , Gigafactory 3 , டேனியல் ரென் , ஷிபோ அவென்யூ , மாதிரி ய் ,