PM receives the Emirati Ambassador to Yemen
The Prime Minister Salim bin Buraik received Today, Thursday, Ambassador of the United Arab Emirates (UAE) to the Republic of Yemen Mohammed al-Zaabi in the temporary capital Aden.
Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria
The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.
WB grants a $100 million to Madagascar
The World Bank (WB) has provided a grant of $100 million to Madagascar, aimed at improving the performance of the national electricity and water company 'JIRAMA', which is suffering from a severe financial crisis.
Leeds United beat Everton in English Premier League
Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.
User Name: Password:
China's autos industry grows in 1Q 2025
[13/04/2025 04:11]

BEIJING - SABA
Data from the China Automobile Manufacturers Association showed that car production and sales in China in the first quarter of 2025 reached 7.561 million and 7.47 million units, respectively, with year-on-year increases of 14.5 percent and 11.2 percent, while the production and sales of new energy vehicles increased by 50.4 percent and 47.1 percent, respectively.

The automotive sector witnessed a remarkable boom, Thanks to the stimulus policies, production and sales of passenger cars in the first quarter reaching 6.513 million and 6.419 million units, year-on-year increases of 16.1 percent and 12.9 percent, respectively. Policies such as replacing old cars with new ones, distributing vouchers and tax breaks have pushed consumers to buy new cars.

Data from the Chinese Ministry of Commerce published by the Chinese news agency (Xinhua) showed that requests for support related to replacing old cars with new ones exceeded 1.769 million requests as of March 28, and car companies rushed to introduce new models with advanced technologies to meet the growing demand.

New energy vehicles continue to grow rapidly, with first-quarter production reaching 3.182 million units and sales of 3.075 million, accounting for more than 40 percent of total new car sales.

Chinese brands have seen remarkable growth, with sales of Chinese-branded passenger cars reaching 4.369 million units, a year-on-year increase of 28.8 percent, and a market share of 68.1 percent.


WB grants a $100 million to Madagascar
Natural gas prices in Europe decline to lowest level
U.S. federal debt exceeds $37 trillion
1.5 trillion dollars in revenue for light industry sector in China
Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May

About Saba News Agency | Usage Agreement | Contact Us