09 September 2011 11:03 [Source: ICIS news]
Correction: In the ICIS story headlined “?xml:namespace>
Compared to July, vehicles sales last month were up 8.29%, the China Association of Automobile Manufacturers (CAAM) said.
Meanwhile, the country’s vehicle production rose by 8.72% year on year to 1.39m units in August, CAAM said. Vehicle production grew by 6.66% month on month in August.
Passenger car sales rose 7.3% year on year to 1.10m units, while production was up 14.13% at 1.12m units, CAAM data showed.
In the January-August period of this year,
Total passenger car sales rose 6.05% year on year to 9.22m units in the January-August period, while production grew by 6.39% to 9.21m units, according to the data.
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