China's auto sales up 46.38% in Jan

Feb 23, 2013

Recently, China Association of Automobile Manufacturers released the production and sales data of China’ auto market in January. Due to strong demand, China's auto sales rose 46.38% year-on-year to 2.03 million units in January this year. The sales of passenger cars jumped 48.68% to 1.73 million units in January; commercial vehicles sales increased 34.75% to 343,300 units. In a overall splendid auto market, China’s independent brands and the foreign brands all saw month-on-month growth in the past month. The sales growth of German car brands is the most obvious one among them, and the Japanese car brands also recover gradually from the sales decline last year.

                                      Source：cnautonews.com