May vehicle sales power beyond expectations

China's growth in vehicle sales accelerated in May as the government's economic stimulus efforts continue to deliver remarkable results. Total light vehicle sales in the month increased 41 percent over the same period a year ago, an 11 percent faster growth rate than recorded in April.

May sales of 1.06 million light vehicles - which include passenger vehicles (PVs) and light commercial vehicles - topped one million units for the third consecutive month.

Both vehicles enjoyed rapid sales growth, with 684,000 passenger vehicles sold, up 40 percent year on year, while light commercial vehicle sales topped 384,000 units, an increase of 43 percent from the same period of last year.