18 February 2011 10:09 [Source: ICIS news]
GUANGZHOU (ICIS)--China’s vehicle sales hit a record 1.89m in January this year, up 13.81% from the corresponding period last year and 13.7% from December, according to data from the China Association of Automobile Manufacturers (CAAM) released on Friday.
The country produced 1.8m vehicles in January, 11.3% more than a year ago but 3.6% less than in December, CAAM data showed.
The sale of passenger cars rose 16.2% year on year to 1.5m in January, while production increased 12.4% year on year to 1.4m units, the association said.
China sold more than 18m vehicles in 2010, 32.3% higher than the previous year, based on CAAM data. The country overtook the US in 2009 to become the world's biggest producer and consumer of vehicles.
To discuss issues facing the chemical industry, go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections