Date
19 October 2017

Vehicle output, sales up 13% in Jan-Sept, Xinhua says

China’s auto market has entered a stage of steady growth this year, Xinhua news agency reported Monday, citing He Liming, chairman of the China Automobile Dealers Association. The country’s vehicle production and sales both rose nearly 13 percent year on year in the nine months to September, while auto dealers’ inventory has fallen into a comfortable zone since June, He was quoted as saying. However, He said increasing production capacity is expected to weigh on market growth in the coming years.

– Contact HKEJ at [email protected]

KZ/AC/CG

 

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