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Home Latest News

China sales rise 11 percent

byCT Report
09/06/2016
in Latest News
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BEIJING: China’s passenger vehicle sales rose for the ninth time in 10 months after a cut in the purchase tax, with General Motors Co and Toyota Motor Corp reporting increased deliveries among global automakers in the world’s biggest auto market. Retail sales of cars, sport utility and multipurpose vehicles climbed 11 percent to 1.76 million units last month, according to the China Passenger Car Association.

That compares with the 6.4 percent increase in sales in April. Deliveries rose to 9.12 million units in the first five months of this year.

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