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China doubles car sales

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posted on Sep, 9 2009 @ 06:49 AM
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Domestic passenger vehicle sales hit a new record high in August, nearly doubling over last year, far beyond industry expectations.



According to the association, passenger vehicle sales, including cars, MPV (multi-purpose vehicle), SUV (sports-utility vehicle) and minivans, soared to 849,376 units in August, up 94.7 percent year-on-year.


www.chinadaily.com.cn...




posted on Sep, 9 2009 @ 06:49 AM
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Y'all know that means... Oil price hikes. Brace yourselves!


www.chinadaily.com.cn...



 
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