Others News
- China No.2 largest market for new vehicles
Date: 12-Jan-2007 Sources: (Shenzhen Daily)
CHINA overtook Japan to become the world's second largest market for new vehicles in 2006 next only to the United States, registering sales of 7.22 million units, up 25.13 percent year on year, according to the China Association of Automobile Manufacturers on Thursday.
The country's automakers last year produced 7.28 million vehicles, up 27.32 percent over the previous year. Sales of passenger cars reached 5.18 million, up 30.02 percent, while production reached 5.23 million units, up 32.76 percent.
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