Date
19 August 2017

Car sales breach 20 million units for first time, CAAM says

Vehicle sales in China rose 13.87 percent year on year to 21.98 million units in 2013, breaking the 20-million barrier for the first time, the China Association of Automobile Manufacturers (CAAM) said Thursday. That makes China the world’s biggest vehicle market for a fifth year running. Passenger cars accounted for 17.93 million units, up 15.71 percent from a year earlier. CAAM secretary general Shi Jianhua said sales are expected to grow 10 percent to 24 million units this year. 

– Contact HKEJ [email protected]

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