Posted by: youngragingbull | March 11, 2013

China’s auto sales surge nearly 20%

China’s auto sales accelerated in the first two months of this year, rising 19.5 percent over the same period of 2012 in a possible positive sign for an economic recovery.

Automakers sold 2.8 million cars in January and February, the China Association of Automobile Manufacturers reported Monday.

Total sales, including trucks and buses, rose 14.7 percent to 3.4 million vehicles. That growth was an improvement over 2012’s full-year rate of 7.1 percent for cars and 4.3 percent for vehicles overall.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: