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China vehicle sales likely to rise 10% in 2011, industry official says

From Dow Jones| December 10 , 2010 10:19 BJT

China's total vehicle sales are likely to rise around 10% to 20 million units next year, Xiong Chuanlin, vice secretary of the China Association of Automobile Manufacturers (CAAM), said on the sidelines of a conference.

CAAM, a semi-official industry group, forecast Thursday that China's vehicle sales will likely reach 18 million units this year, up 32% from 2009.

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