Auto Selling in the Second Half Becomes Slowly
27 October 2008
According to China Association of Automobile Manufacturers (CAAM) reports that the second-half auto sales are likely to grow. But, it will be more slowly than in the past because of challenging domestic and foreign conditions.
However, some analysts expect China's auto sales could rise by double digits this year, in contrast to sluggish markets in the United States and Japan.
According to the related auto statistics, the selling volume of passenger car and commercial vehicle are 552,808 and 198,723 in September. It is the first time for China auto market in negative increment.
Source : english.chinabuses.com
Editor : Frederick
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