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Wednesday, 10 August 2011

China's July car sales edge up

BEIJING-- China's car sales and output edged up in July from one year earlier despite the weak selling season, signaling a mild rebound may come in the second half of the year.

Auto sales in China climbed 2.18 percent year-on-year to reach 1.28 million units in July, the China Association of Automobile Manufacturers (CAAM) said Wednesday.

The country produced 1.31 million cars in July, up 1.26 percent from one year earlier, the CAAM said.

The country's July car sales and output were down 11.19 percent and 6.96 percent month-on-month, the CAAM data indicated. Vcommindia News

Volvo

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