
Rays of recovery - China passenger car sales pick up in August
China Daily reported that China passenger car sales grew at a faster pace in August as higher incentives by dealers offset government measures to cool the economy.
China Automotive Technology & Research Center said in a statement that last month that retail deliveries of cars, sport utility vehicles and multipurpose vehicles rose 59% last month from a year earlier to 977,300. Sales rose 15.4% in July.
(Sourced from China Daily)










