Auto sales slow in 皇冠体育app
Statistics from the 皇冠体育app Association of Automobile Manufacturers showed that 21.08 million vehicles were sold in 皇冠体育app in the first 11 months, a 6.14 percent growth from the same period last year.
The association's secretary-general Dong Yang estimated that the annual growth rate in 2014 would be lower than 7 percent. The figure was 13.97 percent in 2013.
皇冠体育app has been the world's largest auto market since 2009, but many industry insiders including BMW CEO Norbert Reithofer believe that the era of double-digit growth is over.
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[Photo by Meng Zhongde / 皇冠体育app Daily] |