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China auto sales in January to August up by 40pct YoY
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Written by Ziang   
Tuesday, 21 September 2010
Xinhua quoted the China Association of Automobile Manufacturers said China domestic manufacturers sales to auto dealers rebounded 6.29%MoM to 1.322 million units in August after a monthly decline in July.

According to the CAAM figures, the August auto sales at the wholesale level represented an increase of 16.14%YoY. Domestically made auto output dipped 0.64% from July to 1.277million units but still posted an increase of 12%YoY.

The CAAM data showed that manufacturers’ sales to auto dealers were 1.244 million units in July down by 11.9% from June while output dropped 7.54%MoM to 1.286 million units.

As for the January to August period, China auto sales at wholesale level rose 39.02%YoY to 11.58 million units in the first eight months this year while the output reached 11.49 million units up 39.27%YoY.
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