U.K. Car Shipments to China Up 15%
China imports of British passenger vehicles climbed to 137,400 units last year from 120,000 in 2013, according to the London-based Society of Motor Manufacturers and Traders.
#economics
China imports of British passenger vehicles climbed to 137,400 units last year from 120,000 in 2013, according to the London-based Society of Motor Manufacturers and Traders.
Volume has jumped fivefold since 2009, making China second only to the U.K. in demand for British-built cars. SMMT says nearly 19% of vehicle made in the U.K. are shipped to Asian markets.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.