|
11-07-2007
China's
fledgling auto industry maintained strong momentum
in the first half of the year, with both vehicle
output and sales rising more than 20 percent.
About
4.46 million vehicles were produced in the first
six months, up 22.4 percent on the same period
last year, while vehicle sales rose 23.3 percent
to 4.37 million, according to figures from the
China Association of Automobile Manufacturers
(CAAM).
Output
and sales are both expected to hit a record
8.5 million this year, said analysts.
Last
year China became the world's second largest
market for new vehicles after the United States,
with an annual output of 7.28 million and sales
of 7.22 million.
In
the first half, 3.15 million passenger cars
and 1.31 million commercial vehicles left the
factory floor.
|
