China June car sales up 48.5% on year

July 9, 2009

China’s passenger car sales rose 48 per cent in June from the same month last year, consolidating a remarkable recovery that has catapulted China to top position in the world vehicle market so far this year, according to semi-official data released on Thursday.
The strength of China’s vehicle sales – total vehicles sales rose 18 per cent for the first half year to 6.1m from the same period last year – has surprised auto market analysts, government officials and even the country’s automakers, many of whom are scrambling to produce enough vehicles to meet demand. Some auto dealerships have reported shortages of vehicles and western automakers, such as Volkswagen and General Motors, have had to sharply increase production at their Chinese joint ventures to meet local demand.
Like other sectors of the Chinese economy, car industry growth this year was jump-started by the government, which in January announced tax breaks on small cars and subsidies for vehicle purchases in rural areas.
But car segments that were not targeted by tax breaks or subsidies also saw strong growth in sales, auto industry analysts said on Thursday.
High levels of bank lending are also believed to have helped spur demand. China on Wednesday announced that new lending in the first half was Rmb7,400bn ($1,084bn), up 201 per cent year-on-year and equal to 150 per cent of full-year lending in 2008.
Lending for car purchases had not risen – most Chinese buyers buy vehicles with cash – but higher levels of liquidity in general fed through to more corporate purchases of vehicles, analysts said.
General consumer confidence was also a strong factor in sales growth, said Mike Dunne, of the auto consultancy JD Power in Shanghai.
“The government is putting out a strong message that the financial crisis is concentrated in the US, but we in China are doing just fine. The world might be hurting, but not us,” he said.
He added that the impact of that message on car buyers “should not be underestimated”.
JD Power recently revised its 2009 forecast for Chinese passenger car sales to 7m, from 5.8m at the beginning of the year, and said that a further upward revision is possible.
Total vehicle sales rose 36 per cent in June year-on-year, the official Xinhua news agency said on Thursday, quoting figures from the China Association of Automobile Manufacturers.
It was the fourth month in a row that sales had exceeded 1.1m units.
The strength of the Chinese market is providing a rare ray of hope for western automakers already operating in China, and attracting companies like Fiat, long a laggard in China, to the market.
Earlier this week, Fiat signed a joint venture agreement with Guangzhou Automobile Group to make cars and engines in China from 2011. Fiat and GAC said the venture would have the capacity to produce 140,000 cars and 220,000 engines per year initially, but could later be expanded to produce as much as 250,000 cars and 300,000 engines annually.
Tags: , ,
Related Posts:

The Steel Revitalization Plans in China

January 29, 2009

It is reported that the State Council has worked out the steel revitalization plans, which focus on controlling the whole volume, washing out the obsolete capacity and encouraging technical innovation and merger & acquisition to bail out the slumping domestic steel industry.

Mr Wang Yifang Board chairman of Hebei Steel Group said even though the released plan has not cover detailed regulations, it will provides timely help for the development of the steel enterprises in Hebei province, the largest steel production base in China. To the large-sized steel mills, the plan means low cost expansion.

As one of the largest steel complexes in China, Hebei Steel Group has enhanced its place in steel industry since it was founded, and became the national major supportive enterprise.

As per local steel assistance plan, total crude steel capacity would be controlled within 80 million tons by 2020. In order to realize the goal, the province has to concentrate the quality steel resources by promoting the progress of M&As. Most experts believe that the steel revitalization policy will lay a solid floor for the further development of Hebei steel industry.

According to the plan special funds will be allocated from the central budget to encourage technological advancement of the sector, readjustment of products mix and improvements of product quality

As one of the pillar industries in Hebei province, the steel industry contributes more than 25% of the provincial total industrial profits in recent years. However, it still lacks of competitiveness since most local produced products are primary one, with few high value-added and high-tech contained products.

The local government should draw some supportive policies in line with the steel revitalization plan to encourage the technologic innovation. Only in this way, can Hebei province form high quality vanadium and titanium, construction steel and slabs production lines with high value added products, and end the extensive develop pattern in local steel industry.

Source: China Steel net.com

Tags: , ,
Related Posts:

Car Parking in Dublin City

January 1, 2009

Parking in Dublin can be a bit of a nightmare, but with this guide you’ll know where exactly to park your car so that it’s safe and secure and above all, legally parked.

Dublin city is small and compact so at rush hour it tends to get congested. It’s easy to walk around from attraction to attraction so be sure to park-up the car as soon as you arrive, as there really is no need to drive around this city centre to sight see.

Tow-away and clamping are in operation for those who park in a loading bay, pedestrian area, on double yellow lines, on a disabled parking space, on a bus lane or cycle track, so car parks are really the best option.

Dublin city has over 20 car parks, which are very well placed whether here for shopping or sightseeing.

Here are some of the main car parks in the city centre.

· Abbey Street car park

The Abbey Street car park is located on Lower Abbey Street, just off O’Connell Street (Dublin’s main street) in the city centre. This is a very central location for visiting attractions like Trinity College, Temple Bar, the GPO and also for shopping on O’Connell Street and Henry Street.

· Parnell Centre car park

This car park is located just off Parnell Street. Parnell Street can be found just off the top of O’Connell Street (opposite end to O’Connell Bridge).

This car park is handy if you want to be close to the Gate Theatre, the Ambassador Theatre, the Dublin Writers Museum or the James Joyce Museum. This car park is also within walking distance of Croke Park stadium.

To get to this car park just take a right after the Virgin Cinema on Parnell Street and take another right on a small street called ‘Loftus Lane’ and you’ll see the car park.

· Drury Street car park

This car park is located on Drury Street and is best approached from Stephens Street Lower. It has about 480 spaces and is very convenient to Grafton Street, St. Stephen’s Green Shopping Centre, the Powerscourt Shopping Centre and the Gaiety Theatre.

· IFSC car park

This car park is located in the Irish Financial Services Centre, which is the city’s core business and financial district. It can be found in the docklands area about a 10-minute walk east of O’Connell Bridge. The car park has about 360 spaces and is ideal for attending events in the IFSC or for visiting attractions along the Dublin docklands like the Viking Splash Tour, the Famine Memorial, the Custom House or the Point Depot.

· Christchurch car park

The Christchurch car park has about 212 spaces and can be accessed from Lord Edward Street in the Christchurch area.

This car park is ideal if you want to park-up and stroll around one of the oldest parts of Dublin and explore attractions like Dublin Castle, Christchurch Cathedral, the City Hall, St. Audoen’s Gate and it’s also not that far from Temple Bar.

· Temple Bar car park

Also known as the Fleet Street car park this car park can be found right in the heart of the city centre, just off Westmoreland Street. It’s convenient to Temple Bar, Grafton Street, Trinity College and O’Connell Street so it’s a popular place to park.

This car park is open 24 hours a day, 7 days a week.

· Jervis Street car park

This car park has up to 750 spaces and is adjoining the Jervis Shopping Centre – one of the biggest and best shopping centres in Dublin. It is accessed from Jervis Street. This car park is ideally located for shopping as it’s also very convenient to Henry Street, which is one of Dublin’s pedestrianised shopping streets.

· Stephens Green Shopping Centre car park

Stephen’s Green has one of the largest car parks in the city centre with up to 700 spaces. It can be accessed from Mercer Street and is open 24 hours a day.

This car park is ideally located for shopping as it’s located next to the Stephen’s Green Shopping Centre just off Grafton Street, so you won’t have too far to go with those shopping bags!

Mairead Foley writes for the Ireland travel and accommodation website http://www.GoIreland.com

Visit GoIreland for all you need to know before visiting Dublin, like what to see and where to go. View B&Bs, guesthouses and self catering in Dublin as well as Dublin hotels.

Tags: , ,
Related Posts:

Car Parking in Dublin City

January 1, 2009

Parking in Dublin can be a bit of a nightmare, but with this guide you’ll know where exactly to park your car so that it’s safe and secure and above all, legally parked.

Dublin city is small and compact so at rush hour it tends to get congested. It’s easy to walk around from attraction to attraction so be sure to park-up the car as soon as you arrive, as there really is no need to drive around this city centre to sight see.

Tow-away and clamping are in operation for those who park in a loading bay, pedestrian area, on double yellow lines, on a disabled parking space, on a bus lane or cycle track, so car parks are really the best option.

Dublin city has over 20 car parks, which are very well placed whether here for shopping or sightseeing.

Here are some of the main car parks in the city centre.

· Abbey Street car park

The Abbey Street car park is located on Lower Abbey Street, just off O’Connell Street (Dublin’s main street) in the city centre. This is a very central location for visiting attractions like Trinity College, Temple Bar, the GPO and also for shopping on O’Connell Street and Henry Street.

· Parnell Centre car park

This car park is located just off Parnell Street. Parnell Street can be found just off the top of O’Connell Street (opposite end to O’Connell Bridge).

This car park is handy if you want to be close to the Gate Theatre, the Ambassador Theatre, the Dublin Writers Museum or the James Joyce Museum. This car park is also within walking distance of Croke Park stadium.

To get to this car park just take a right after the Virgin Cinema on Parnell Street and take another right on a small street called ‘Loftus Lane’ and you’ll see the car park.

· Drury Street car park

This car park is located on Drury Street and is best approached from Stephens Street Lower. It has about 480 spaces and is very convenient to Grafton Street, St. Stephen’s Green Shopping Centre, the Powerscourt Shopping Centre and the Gaiety Theatre.

· IFSC car park

This car park is located in the Irish Financial Services Centre, which is the city’s core business and financial district. It can be found in the docklands area about a 10-minute walk east of O’Connell Bridge. The car park has about 360 spaces and is ideal for attending events in the IFSC or for visiting attractions along the Dublin docklands like the Viking Splash Tour, the Famine Memorial, the Custom House or the Point Depot.

· Christchurch car park

The Christchurch car park has about 212 spaces and can be accessed from Lord Edward Street in the Christchurch area.

This car park is ideal if you want to park-up and stroll around one of the oldest parts of Dublin and explore attractions like Dublin Castle, Christchurch Cathedral, the City Hall, St. Audoen’s Gate and it’s also not that far from Temple Bar.

· Temple Bar car park

Also known as the Fleet Street car park this car park can be found right in the heart of the city centre, just off Westmoreland Street. It’s convenient to Temple Bar, Grafton Street, Trinity College and O’Connell Street so it’s a popular place to park.

This car park is open 24 hours a day, 7 days a week.

· Jervis Street car park

This car park has up to 750 spaces and is adjoining the Jervis Shopping Centre – one of the biggest and best shopping centres in Dublin. It is accessed from Jervis Street. This car park is ideally located for shopping as it’s also very convenient to Henry Street, which is one of Dublin’s pedestrianised shopping streets.

· Stephens Green Shopping Centre car park

Stephen’s Green has one of the largest car parks in the city centre with up to 700 spaces. It can be accessed from Mercer Street and is open 24 hours a day.

This car park is ideally located for shopping as it’s located next to the Stephen’s Green Shopping Centre just off Grafton Street, so you won’t have too far to go with those shopping bags!

Mairead Foley writes for the Ireland travel and accommodation website http://www.GoIreland.com

Visit GoIreland for all you need to know before visiting Dublin, like what to see and where to go. View B&Bs, guesthouses and self catering in Dublin as well as Dublin hotels.

Tags: , ,
Related Posts:

Safer Parking award from the British Parking Association

December 28, 2008

Westfield London, the capitals newest shopping centre, has been awarded a Safer Parking award from the British Parking Association (BPA) within its first six weeks of opening. Europes biggest inner city shopping and leisure destination received Park Mark status at a recent ceremony for providing a safe parking facility with 4,500 spaces.

need-a-parking-space

Car park manager, Gary Lee was presented with the Park Mark Award from Sector Inspector Paul Banbro of Hammersmith & Fulham Metropolitan Police Borough. PC David Hinton was also at the presentation. The team is directly responsible for the Policing of the Westfield London Shopping Centre.

The Safer Parking Scheme (SPS), run by the BPA for the Association of Chief Police Officers, was developed to provide a benchmark standard for all parking areas across the UK, to create safer parking both for the public and their vehicles.

The Park Mark Safer Parking Award is granted to parking areas that have achieved the requirements of a risk assessment conducted by the Police. These requirements mean the parking operator has put in place measures that help to deter criminal activity and anti-social behaviour, thereby doing everything they can to prevent crime and reduce the fear of crime in their parking area.

Gary Lee said: We are delighted to receive Park Mark status in the opening weeks of the new centre. We are committed to the highest level of customer service, and with Christmas due to be our busiest time, it was vital to provide all our shoppers with a safe and reliable parking facility while they enjoy the new centre.

The shopping centre in Shepherds Bush has a vehicle management system to indicate parking availability and also offers a valet parking service for the convenience of its customers.

Kelvin Reynolds, head of SPS at the British Parking Association, said: With the number of Park Mark awards on the increase – we now have over 3,700 members – it proves that the scheme is an invaluable tool in helping to make parking environments safe and increasing public reassurance in these areas. When drivers leave their cars in Park Mark award facilities they will find them exactly as they left them on their return.

Source: Emma Pollock http://www.webershandwick.co.uk
From: British Parking Association
Tags: , ,
Related Posts:

Next Page »