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| A new model unveiled by Japanese automaker Toyota Motor Corp at the Guangzhou Auto Show on Nov 22. Many new models launched at the show helped boost domestic car market, which saw sales hit a record in November. (Photo/Xinhua) |
Guangzhou show helps boost market performance
Passenger-vehicle sales in China hit a record last month as a series of positive indicators boosted the market.
A total of 1.419 million cars, sports utility vehicles, multi-purpose vehicles and minivans were sold in November, a 13 percent year-on-year increase, according to data from the China Passenger Car Association on Friday.
The number showed that total sales for the first 11 months jumped 6.6 percent year-on-year to 13.12 million, paving the way for an increase of at least 5 percent in passenger-vehicle sales this year.
"Many new models launched at the just-finished Guangzhou Auto Show as well as a fuel price cut greatly supported the market performance," said Rao Da, secretary-general of the association.
Rao added that the 18th National Congress of the Communist Party of China last month had also helped boost confidence in the sector.
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