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China Passenger Car Association analysis of production and sales volumes for September 2023
nger cars totaled 2.018 million units, reflecting a year-over-year (y/y) increase of 5%. Year-to-date (YTD) retail sales volume totaled 15.233 million units, up 2.4% y/y. In September, luxury car retail sales volumes totaled 270,000 units, down 7% y/y. Retail sales volumes of local brands totaled 1.07 million units, up 20% y/y. Local brands had a market share of 53.4% of the total, up 6.4% y/y. In terms of wholesale sales, local brands occupied a...
News Updated at: 2023/10/12
Tuopu Group revenue grows 34.83% y/y in H1 2023
Tuopu Group revenue grows 34.83% y/y in H1 2023 Ningbo Tuopu Group Co., Ltd. (Tuopu Group) announced that in the first half of 2023, it achieved a total operating revenue of around CNY 9.16 billion, up 34.83% year-over-year (y/y); a total profit of CNY 1.274 billion, up 48.07% y/y; and a net profit attributable to shareholders of listed companies of about CNY 1.094 billion, up 54.57% y/y. Thanks to the positive influence of factors such as vast p...
News Updated at: 2023/08/29
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