China’s total vehicle production and sales exceed 19 mil in 2012, sales expected to surpass 20 mil in 2013

paultan.org 21 Jan '13, 6am

China’s total vehicle production and sales exceed 19 mil in 2012, sales expected to surpass 20 mil in 2013

Various news sources report that according to the China Association of Automobile Manufacturers (CAAM), 19.31 million vehicles were sold and 19.27 million manufactured in the country last year, an increase of 4.33% and 4.63% over respective figures in 2011. CAAM reveals that in 2012, 15.49 million passenger vehicles were sold and 15.52 million produced, respectively 7.07% and 7.17% more than in the year before. However, corresponding figures for the sales and production of commercial vehicles dropped 5.49% and 4.71% to 3.81 million and 3.75 million units respectively. According to a recent survey conducted by the China Automobile Dealers Association (CADA), total market demands are expected to reach 20.8 million vehicles in 2013 – a 7% jump, Gasgoo.com reports, citing Beijing Business Today . Total passenger vehicle sales are expected to be around 16.8 million units this y...

Full article: http://paultan.org/2013/01/21/chinas-total-vehicle-produc...

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@_automotive_ » 21 Jan '13, 6am
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China’s total vehicle production and sales exceed 19 mil in 2012, sales expected to surpass 20 mil in 2013 [link]
@klspeed » 21 Jan '13, 6am
China’s total vehicle production and sales exceed 19 mil in 2012, sales expected to surpass 20 mil in 2013: Var... [link]
@paultan » 21 Jan '13, 6am
China’s total vehicle production and sales exceed 19 mil in 2012, sales expected to surpass 20 mil in 2013 [link]
@jdesignz » 21 Jan '13, 6am
China’s total vehicle production and sales exceed 19 mil in 2012, sales expected to surpass 20 mil in 2013 [link]