China 2012 Auto Sales Rise 4.3% - InvestingChannel

China 2012 Auto Sales Rise 4.3%

Auto sales in China climbed 4.3% in 2012.

According to the China Association of Automobile Manufacturers, car sales rose to 19.3 million units, versus 18.5 million, in the year-ago period. However, the CAAM was projecting an 8% rise in sales.

Total sales of passenger cars climbed 7% to 15.5 million units in 2012.

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