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January vehicle sales surge 45.4 percent

Updated: 2013-02-08 07:46
By Li Fangfang ( China Daily)

January vehicle sales surge 45.4 percent

Sector back on growth track after two-year slowdown

China's passenger vehicle sales in January surged more than 45 percent from a year earlier, the largest year-on-year growth since April 2010, indicating the sector is shifting gear back into high-speed growth after a two-year slowdown.

A total of 1,704,185 cars, sport utility vehicles, multi-purpose vehicles and minivans were delivered in the nation in January, up 45.4 percent over January last year and a 9.2 percent increase from the previous month, the China Passenger Car Association said on Thursday.

January vehicle sales surge 45.4 percent

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