Chinese Automotive Market Registers Massive Growth in January

The Chinese automotive market registered a massive growth in January 2010, with sales rising 84 percent compared to January 2009, as China Passenger Car Association via Xinhua reports.

1,218,722 cars, sport-utility vehicles, multi-purpose vehicles and minivans were sold last moth in China. The figure is 5.1 percent greater that the one registered in December 2009.

The impressive sales increase was mostly sustained by a boost in the minivan segment, which grew 84.2 percent year-on-year and … (read more)