Saturday, July 12, 2014

China auto sales accelerate in December

February 20. 2013 1:40AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) China's auto sales rose 7.1 percent in 2012 after an economic recovery boosted growth in December.

An industry group, the China Association of Auto Manufacturers, said Friday that 2012 passenger car sales totaled 15.5 million vehicles. Sales in December rose 6.9 percent to 1.46 million vehicles.

China is the world's biggest auto market by number of vehicles sold, and global automakers are looking to it to drive growth.

Sales growth slowed sharply in early 2012 as the Chinese economy cooled and some cities imposed purchase restrictions to curb traffic and smog. Growth bottomed out at 3.7 percent in August before starting to recover.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds