Auto juggernaut slowed in April
By Marvin Zhu | China Daily | Updated: 2011-05-23 07:57
Impact felt from Japan earthquake, fuel price rise and lapsed subsidies
China's vehicle market has been racing ahead and creating history over the past two years, but the juggernaut stalled in April.
Though 10 percent growth in the first quarter still looked good, the 1.46 million light vehicles sold in April represented just 2 percent growth over a year earlier.
Photo
