China auto sales rose 6.7 per cent in 2008 | autos | Hindustan Times
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China auto sales rose 6.7 per cent in 2008

Auto sales in China rose 6.7 per cent in 2008 despite slackening sales on the global market, China Association of Automobile Manufacturers said today.

autos Updated: Jan 12, 2009 14:18 IST
Xinhua

Auto sales in China rose 6.7 per cent in 2008 despite slackening sales on the global market, China Association of Automobile Manufacturers (CAAM) said on Monday.

It was the first non-double digit growth for Chinese auto sales since 1999. The auto sales growth rate was 21.84 per cent in 2007.

The sales totalled 9.38 million units last year in the world's second largest car market after the US, the CAAM said.

The country's carmakers rolled out 9.34 million motor vehicles last year, up 5.21 per cent compared with 2007.

Both auto sales and production were below the prediction of 10 million units made at the beginning of 2008.