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Aw shucks, I was wrong. In my usual exuberance, I had said that triple digit growth could be in the cards for August auto sales in China. Big mistake. China’s passenger vehicle sales, including sedans, MPVs, SUVs and minivans grew only 94.7 percent year-on-year to 849,376 units in August, China Daily reports.
“The booming sales in August have surpassed even the boldest prediction in the industry, as sales in August were previously the weakest of the year,” said Cui Dongshu, deputy secretary-general of the National Passenger Car Information Exchange Association.
China is well on its way to sell more than 12 million vehicles this year.
5 Comments on “China’s August Car Sales Up Only 95 Percent...”
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That’s an intriguing cellphone. Does it vibrate?
Think of all that smog, and I have to ride a Harley with smog cans on it.
I hope they have a parking spaces for all those cars.
Also, why is the Chinese Tire article closed to comments?
Also, why is the Chinese Tire article closed to comments?
Think of the union/anti-union arguments that could arise from that one.
If China’s industry is slowing because of the world economy issues, how the hell is their auto business booming like that?
Recently bought a new Passat, and my Chinese wife was trying to explain to her partners in Shenzhen what it was we bought. It turns out the Passat in China is not the “newer” model Passat, but the previous design (which is still made in China). It’s the Magotan in the PRC. It seems that any car VW has ever made in the past 10-15 years is still being sold in China (I’m exaggerating, but you get the picture).