China Auto Sales Pick Up
China’s auto sector was rejuvenated in April by posting 5% growth in sales to 1.62 million vehicles after recording a slack first quarter of the year. However, sales in the first four months of the year slid 1.3% to 6.4 million vehicles, owing to tighter credit policies and slower economic growth. In January-March, auto sales [...]
China’s auto sector was rejuvenated in April by posting 5% growth in sales to 1.62 million vehicles after recording a slack first quarter of the year. However, sales in the first four months of the year slid 1.3% to 6.4 million vehicles, owing to tighter credit policies and slower economic growth.
In January-March, auto sales fell 3.4% compared with an attractive 32% growth in 2010 due to stricter government regulations on new car registrations in order to control the traffic congestions and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards