Pas­sen­ger ve­hi­cle sales are high­est this year

China Daily (Canada) - - NEWSCAPSULE -

China’s pas­sen­ger ve­hi­cle sales for May were the high­est monthly rate this year.

Sales for the month were up 8.50 per­cent from a year ear­lier, af­ter dip­ping 4.64 per­cent from the pre­vi­ous month, as over­all sales reached 1.91 mil­lion units, ac­cord­ing to the China As­so­ci­a­tion of Au­to­mo­bile Man­u­fac­tur­ers.

The na­tion sold 1.59 mil­lion pas­sen­ger ve­hi­cles in May, for a ro­bust 13.85 per­cent year-onyear growth, the as­so­ci­a­tion said.

To­tal sales of 8.07 mil­lion pas­sen­ger ve­hi­cles were recorded in the first five months, with 11.13 per­cent an­nual growth, a re­mark­able re­cov­ery from near stag­nancy the pre­vi­ous two years. (Photo 4)

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