China's domestic autosales are expected to grow 15% to 10m units this year, backed by strong demand for passenger cars, an official with the China Association of Automobile Manufacturers said at the weekend.
China’s domestic auto sales are expected to grow 15% to 10m units this year, backed by strong demand for passenger cars, an official with the China Association of Automobile Manufacturers said at the weekend.
China’s fast-growing economy has created a sound environment for the development of the automobile industry, Dong Yang, vice chairman of the association, said at an industry meeting, according to a Xinhua/Shanghai Daily report.
Despite slower growth in business vehicle sales, demand for passenger cars remained robust, he said.
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