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China 2012 auto sales up 4.33% on year, CAAM

China 2012 auto sales CAAM

Auto sales inChinatotaled 19.30 million units in 2012, a moderate rise of 4.33% from 2011, the latest statistics from the China Association of Automobile Manufacturers (CAAM) show.


In December alone, some 1.81 million motor vehicles were sold acrossChina, up 1.05% year on year and 7.12% percent year on year.


The association expected auto sales inChinato grow by 7% to 20.65 million units this year.


(Contributed by Olivia, olivia@tireworld.com.cn)

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