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13 million auto sales possible

More automobiles may be sold in China this year than was originally expected.

China traffic jamChina’s overall automobile sales could reach 13 million this year – about three million more than originally estimated. 
 
Dong Yang, executive vice president and secretary general of the China Association of Automobile Manufacturers, said China’s overall automobile sales could reach 13 million units this year.
 
China’s automobile sales totaled 9.38 million units last year.
 
Dong was speaking at an industry forum and didn’t elaborate further. But his statement has backing in that the semi-official industry association said last month that China’s automobile sales could exceed 12 million units this year.
 
Wall Street Journal Online reports that between January and September, China’s vehicle sales rose 34.2% from the same period last year to 9.66 million units, as demand strengthened amid a faster-than-expected recovery.

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