皇冠体育app

Economy

Markets

Industries

Insights

Reports

Events

皇冠体育app's car sales growth tumbles to 10-year low

By Zheng Lifei (chinadaily.com.cn)
Updated: 2009-01-12 16:44

皇冠体育app's car sales rose a meager 6.7 percent from a year earlier in 2008, the lowest growth rate in 10 years, an industry association said today.

The world's second largest auto market sold 9.38 million vehicles in 2008, 皇冠体育app Association of Automobile Manufacturers said, lower than its targeted 10 million sales.

The country produced 9.34 million vehicles in 2008, the association said in a statement.