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China's auto sales expand 4.33% in 2012

(Xinhua)

12:06, January 12, 2013

A worker walks among new sedans at Geely Auto Ningbo factory in Ningbo, east China's Zhejiang Province, July 19, 2012. China remained the world's largest producer and market for automobiles for the fourth consecutive year in 2012, according to data released on Jan. 11, 2013 by China Association of Automobile Manufacturers (CAAM). The CAAM said in a statement posted on its website that the country's auto sales last year hit 19.31 million units, up 4.33 percent year-on-year and marking a new high. Meanwhile, auto production grew 4.63 percent from a year earlier to 19.27 million vehicles last year, the CAAM said. (Xinhua/Huang Zongzhi)

BEIJING, Jan. 11 (Xinhua) -- China's annual auto sales hit a new high at 19.31 million units in 2012, an industry association said Friday.

The China Association of Automobile Manufacturers (CAAM) said in a news release that the sales last year was up 4.33 percent year-on-year.

Meanwhile, auto production grew 4.63 percent from a year earlier to 19.27 million vehicles last year, the CAAM said.

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