China’s 2011 auto sales expected to exceed 18 million

Reading Time: < 1 minute

News like this to your inbox or phone?

Weekly summary to your inbox

Never miss and important news

Get Instant notification once the news is published.

China’s automobile sales and output this year are set to surpass last year’s 18 million units despite curbs on purchases, the China Association of Automobile Manufacturers (CAAM) said in a latest report.

- Advertisement -

In the first 11 months, auto output and sales grew about 2 percent year-on-year to 16.73 million units and 16.82 million units, respectively, according to the report.

- Advertisement -

In November, output and sales both exceeded 1.65 million units, a high level in 2011, but still fell from a year ago due to a high comparison basis. With one month to go, the annual output and sales will surpass last year’s levels, the report added.

Via: ChinaDaily.

- Advertisement -
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -