quarta-feira, outubro 7

Tag: market

xinhua

Chinese EV giant BYD enters Namibian market in global expansion drive-Xinhua

WINDHOEK, Oct. 6 (Xinhua) -- Chinese automaker BYD has officially launched its new energy vehicle brand in Namibia, expanding its presence in the African market. Namibian automotive distributor Pupkewitz Motors announced on Tuesday that it will represent BYD in the country, with the brand to be offered through retail outlets in Windhoek, Walvis Bay and Ongwediva. "Our ambition is not simply to introduce new vehicles to the market, but to create an experience around new energy mobility that is relevant to Namibian customers. We look forward to building awareness, educating consumers and allowing customers to experience BYD for themselves," said Nico Pieters, a franchise executive at Pupkewitz Motors, in a statement. Models being introduced to the Namibian market include the BYD Dolphi...
xinhua

Britain’s new car market records strongest September since 2017-Xinhua

LONDON, Oct. 6 (Xinhua) -- Britain's new car market accelerated in September, with registrations marking the 10th consecutive month of growth and the strongest September since 2017, data from the Society of Motor Manufacturers and Traders (SMMT) showed Monday. A total of 350,536 new cars were registered last month, up 12 percent year on year, the SMMT said, noting that the overall growth was largely driven by intense competition as increased choices and attractive deals encouraged purchases. Electrified vehicles helped power growth, taking a record 58.4 percent of registrations. Specifically, registrations for plug-in hybrid vehicles surged 55.5 percent to take a record share at 17 percent. Battery electric vehicle (BEV) demand also climbed 36.3 percent to a record high volume of 99,...
xinhua

China’s holiday consumption market posts steady growth-Xinhua

BEIJING, Oct. 4 (Xinhua) -- Consumer spending across China is holding steady midway through the seven-day National Day holiday, with early data pointing to stable growth that reflects the economy's underlying vitality. In the first three days of the holiday from Oct. 1 to 3, foot traffic and revenue at 78 major shopping streets and commercial districts monitored by the Ministry of Commerce rose 3.4 percent and 5.3 percent year on year, respectively. Notably, the government's consumer goods trade-in program drove 19.63 billion yuan (about 2.91 billion U.S. dollars) in sales over the same period, benefiting 3.48 million consumers. In breakdown, the program drove trade-ins of 46,000 vehicles, generating 7.45 billion yuan in new car sales, along with 1.51 million home appliances worth 6....
xinhua

Roundup: Growing presence of Chinese brands in Greek market highlighted at AUTO ATHINA 2026-Xinhua

ATHENS, Oct. 3 (Xinhua) -- The growing presence of Chinese car brands has been showcased at AUTO ATHINA 2026, an international auto show that began Saturday in the Greek capital of Athens. The auto show, which runs from Oct. 3 to 11 at the Metropolitan Expo in Athens, features 52 brands, the largest number in the show's history. More than a dozen Chinese brands are among the exhibitors. Chinese cars are drawing attention in Greece for their competitive prices and technological features, according to dealers and visitors to the auto show. Thomas Kouris, a visitor to the BYD booth, said the cars' high quality, competitive prices and electric vehicle(EV) subsidies had prompted him to take a closer look at Chinese brands. For Nikos Ioannou, a visitor to the Chery booth, the driving exp...
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