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Markets - China - Vehicle sales up 33 percent on-year in September
SHANGHAI,China -The Florida Times Union, Jacksonville, by ELAINE KURTENBACH/AP -Oct 20, 2005: -- China's passenger vehicle sales jumped 33 percent in September over a year earlier, as price cuts helped spur demand, the China Association of Automobile Manufacturers reported... But the 354,000 units of passenger vehicles sold lagged behind production, which totaled 358,200 units, according to data... After lagging earlier in the year, sales have rebounded in most vehicle categories, with purchases of passenger cars up 36 percent against September 2004 at 254,500 units, it said. Sales of multipurpose vehicles, such as minivans, jumped 89 percent to 13,800 units and sales of sport utility vehicles rose 56 percent to 20,700, it said... Detailed sales figures for other types were not given...
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