(Beijing) – More than 24 million vehicles will be sold this year in the world’s largest auto market, the China Association of Automobile Manufacturers (CAAM) has forecast.
China’s vehicle output is also expected to top 24 million units this year, which will account for a quarter of the world’s total production and make the country the world’s biggest car producer, said CAAM Vice President Dong Yang.
According to the CAAM, 21.98 million vehicles were sold in China in 2013, up 13.87 percent year on year. Output last year stood at 22.12 million units, up 14.76 percent.
(Courtesy WAM)
