09 May 2013 09:31 [Source: ICIS news]
SINGAPORE (ICIS)--China’s vehicle sales fell to 1.84m units in April after hitting a historical high of 2.03m units in March, official industry data showed on Thursday.
However, on a year-on-year basis, April’s sales and production increased by 13% and 15%, respectively.
Passenger car sales in April rose by 13% year on year to 1.4m units, with production up by 15% to 1.5m units, the CAAM said.
The sales and production of passenger cars in April were 9.1% and 9.6% lower, respectively, than in March.
In January-April, China sold 7.27m units and produced 7.3m units of vehicles, an increase of 13% and 13% year on year, respectively, said CAAM.
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