CHINA: SUVs catching on fast with buyers
China's passenger vehicle market reached 170,671 units in July 2003, an increase of 59% over that of July 2002. China's year-to date July sales hit 1,080,784 units, 80% higher than the same period of last year, according to an Automotive Resources Asia press release. Though starting from a relatively small base, sales in the SUV segment have grown the fastest, reaching 29,658 units from January to July, or a 243% increase over the same period last year.
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