China's auto sales grows faster in August

17:35, September 09, 2010      

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China's domestic manufacturers sales to auto dealers rebounded 6.29 percent month on month to 1.322 million units in August after a monthly decline in July, the China Association of Automobile Manufacturers (CAAM) said here Thursday.

The August auto sales at the wholesale level represented an increase of 16.14 percent year on year, according to the CAAM figures.

Domestically-made auto output dipped 0.64 percent from July to 1.277million units but still posted an increase of 12 percent from the same month last year, according to CAAM.

Manufacturers' sales to auto dealers was 1.244 million units in July,down 11.9 percent from June while output dropped 7.54 percent month on month to 1.286 million units, the CAAM data showed.

As for the January-August period, China's auto sales at wholesale level rose 39.02 percent year on year to 11.58 million units in the first eight months this year while the output reached 11.49 million units, up 39.27 percent from a year ago.



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