China's monthly auto sales increase 8.26% year-on-year
AFPSHANGHAI -- Vehicle sales in China, the world's largest auto market, rose more than 8 percent year-on-year in August, following a similar rise in July, an industry group said Monday.
September 11, 2012, 3:03 pm TWN
Sales of all types of vehicles rose 8.26 percent from the same month last year to around 1.5 million units in August, the China Association of Automobile Manufacturers said in a statement.
In July, Chinese auto sales rose 8.20 percent year-on-year.
China's auto sales slowed last year from 2010 after the government rolled back buying incentives and some cities imposed tough restrictions on car numbers to ease chronic traffic congestion and pollution.