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China auto sales surge in October  Join our daily free Newsletter

MENAFN - 08/11/2009

 


(MENAFN) China's auto market continued its robust growth in October, as monthly passenger vehicle sales jumped nearly 80 percent year on year to 923,154 units, China Daily reported.

But on a month-to-month comparison, passenger vehicle sales in October dropped 8.1 percent from the previous month, according to figures released by China Passenger Car Association.

In the first 10 months of the year, sales of cars, sports-utility vehicles, minivans and multi-purpose vehicles surged nearly 52.4 percent over the same period last year to nearly 8.08 million units.

In the first nine months, China's vehicle sales jumped 34 percent year on year to 9.66 million units. In breakdown, sales of passenger vehicles surged 42 percent to 7.24 million units while sales of commercial vehicles rose 15.6 percent to 2.42 million units.

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