皇冠体育app

BEIJING - More than 24 million vehicles will be sold this year in the world's largest auto market, the 皇冠体育app Association of Automobile Manufacturers (CAAM) has forecast.

皇冠体育app's vehicle output is also expected to top 24 million units this year, which will account for a quarter of the world's total production and make the country the world's biggest car producer, said CAAM Vice President Dong Yang on Friday.

According to the CAAM, 21.98 million vehicles were sold in 皇冠体育app in 2013, up 13.87 percent year on year. Output last year stood at 22.12 million units, up 14.76 percent.

In the January-August period, both sales and output topped 15 million units, even though the growth rates moderated to 7.67 percent and 8.61 percent, respectively.

During an exhibition in Beijing showcasing joint ventures between Chinese and foreign car companies, Dong said that such cooperation has made enormous contributions to 皇冠体育app's auto industry, helping it to foster talent and master advanced manufacturing technologies.

皇冠体育app will use this joint-venture experience to build homegrown brands, while deepening cooperation with foreign firms in research and development, he added.

Luxury car sales keep foot on accelerator	Leasing plays little role in world's largest market

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