Home / China News / News detail

China passenger car sales climb 27% in November

From Bloomberg| December 08 , 2010 09:42 BJT

China’s passenger car sales jumped to a record in November, climbing 27 percent from a year ago, China Daily reported, citing the China Passenger Car Association.

Sales exceeded 1.28 million cars last month, up 10.5% from October, the Beijing-based newspaper said today, citing the association. Sales will continue to gain in December, Rao Da, secretary general of the association said, according to the newspaper.

Government stimulus policies including tax rebates and vehicle trade-in subsidies have spurred car sales in China. The country overtook the U.S. to become the world’s biggest market for new automobiles last year.

The China Association of Automobile Manufacturers, the official trade body for the auto industry, is scheduled to release November vehicle sales data tomorrow.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com