China Association of Automobile Manufacturers (CAAM) has said, more than 24 million vehicles will be sold this year in the world's largest auto market.
China's vehicle output is also expected to top 24 million units this year, which will account for a quarter of the world's total production and make the country the world's biggest car producer, said CAAM Vice President Dong Yang.
According to the CAAM, 21.98 million vehicles were sold in China in 2013, up 13.87% year on year. Output last year stood at 22.12 million units, up 14.76%.
In the January-August period, both sales and output topped 15 million units, even though the growth rates moderated to 7.67% and 8.61%, respectively.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor