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Chinese automobile sales exceeded U.S. sales in March 2009

Discussion in 'Other Cars' started by Rybold, Apr 9, 2009.

  1. Rybold

    Rybold globally warmed member

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    China auto sales hit record 1.11 million in March

    SHANGHAI (AP) -- China's auto sales hit a monthly record of 1.11 million vehicles in March, exceeding U.S. sales ... sales remained robust in China ... Americans bought 857,735 new vehicles in March, down 37 percent from the 1.36 million sold in the same month a year earlier.

    Despite a slowdown late last year, China's market remains relatively resilient, thanks in part to aggressive government moves to promote sales of smaller, fuel efficient vehicles, especially in the countryside.

    General Motors Corp. said Wednesday that it sold 137,004 vehicles in China in March, up 24.6 percent from a year earlier. Its minivehicle joint venture, SAIC-GM-Wuling, saw sales surge 38 percent to 90,784 vehicles.

    China auto sales hit record 1.11 million in March - Yahoo! Finance