09 January 2014 09:13 [Source: ICIS news]
SINGAPORE (ICIS)--China’s vehicle sales for the whole of last year grew by 13.9% to a new record of about 22m units, official industry data showed on Thursday.
Its total vehicle production in 2013 expanded by 14.8% to 22.1m units, according to the China Association of Automobile Manufacturers (CAAM).
For passenger cars, sales in 2013 grew 15.7% to 17.9m units, while production jumped 16.5% to 18.1m units, according to the association.
China has been the world’s biggest car market for five consecutive years, it said.
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