Strong auto sales continue in China

WorldRich.net 10-02-11 CCTV.com

Sales reports from major auto makers suggest 2010 is shaping up to be another boom year for car
sales in China. General Motors reported Thursday that it sold nearly 220,000 vehicles in China in
January.


The figure was up 97 percent from a year earlier and it was the first time monthly sales have
surpassed 200,000. A statement from GM says it's a positive sign for 2010 as a whole following last
year's industry record. GM's sales in China rose 67 per cent to a record 1.8 million vehicles in 2009
amid tax cuts and incentives to help boost the industry. China is due to announce official auto sales
figures next week.


In January, sales remained strong partly because people are buying cars ahead of the Lunar New Year.
Some analysts expect sales growth to slow in February.

 




The Last article£º
The Next article£º

Top Business News

  • ¡¤Iran Calls for Oil Market Stab
    ¡¤Huaneng gears up nuke plant(Pi
    ¡¤Beijing Hikes Prices for Gas, 
    ¡¤Oil falls below US$90 per barr
    ¡¤Nigeria, US Agree on New Gas P

Today's Market

Special Introduction

World Trade

  • ¡¤Brazil starts exporting soybea
    ¡¤China to impose anti-dumping m
    ¡¤France's trade deficit decline
    ¡¤New free trade zone to benefit
    ¡¤China's power company denies r

WorldRich

Contact usEmail:Rock_shi@163.com

Copyright@WorldRich.net All rights are reserved