Both
vehicle output and sales in China jumped by more than one-third in the first quarter
of this year from a year ago, mainly because of robust demand for cars, an industry
association said yesterday. The
nation's first-quarter vehicle output reached 1.78 million units, up 36.3 per
cent, according to statistics from the China Association of Automobile Manufacturers.
Sales of domestically
made vehicles rose by 36.9 per cent year-on-year to 1.73 million units from January
to March this year. Both
vehicle output and sales in March alone hit an all-time monthly record of 732,800
and 721,500 units respectively, up 28.5 per cent and 23.9 per cent from a year
earlier.
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