China's automobile output, sales exceed 11m units in H1


(MENAFN) According to the Chinese Association of Automobile Manufacturers, the country's automobile output and sales both exceeded 11 million units in the first half of 2014, QNA reported.

China's (Xinhua) News Agency reported that auto production rose 9.6 percent from a year ago to 11.78 million units from January to June, accelerating from 9.4 percent growth during the January-May period.

However, sales of vehicles increased only 8.4 percent year on year to 11.68 million units, slowing further from an increase of 9 percent in the first five months, according to CAAM.


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