Sales of vehicles of all types rose 50.66% to 480,000 units in February according to official data provided by the China Association of Automobile Manufacturers cited by the news agency.
Reuters noted that car sales in China grew 21.4% to 3.97 million units in 2005 and sales rose just 15% in 2004 after almost doubling in 2003, hit by government-ordered steps to tighten credit to cool an economy in danger of overheating.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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