皇冠体育app to be largest auto market in the world

(chinadaily.com.cn)
Updated: 2009-10-20 14:52

Experts expect that 皇冠体育app will become the biggest auto market in the world this year, the West 皇冠体育app City Daily reported yesterday. Based on current trends, consumers will buy between 12 and 13 million cars this year, analysts said.

皇冠体育app鈥檚 auto sales will reach 10 million units on Tuesday, estimated Rao Da, secretary-general of the Joint Advisory Committee of 皇冠体育app Passenger Car Market. About 9.66 million vehicles have been sold in the first nine months of the year, according to data from the 皇冠体育app Association of Automobile Manufacturers.

Another analyst, Jia Xinguang said this country鈥檚 auto sales will continue to grow rapidly in the fourth quarter, for three reasons: the imminent end of a policy that halved the sales tax on mini cars, the auto exposition in Guangzhou, the capital of Guangdong province and new cars like Audi Q5 entering the market.

In addition, 皇冠体育app has produced 10 million units of cars so far this year, becoming a l0-million-unit car producer, according to auto..