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China October Auto Sales Gain 11% After Tax Cut Boosts Demand
2015-11-06 08:15:50| Auto Dealers - Topix.net
Passenger-vehicle sales in China increased at the fastest pace in seven months after the government cut a tax on car purchases to boost sagging demand in the world's largest auto market. Retail deliveries of cars, SUVs and multipurpose vehicles rose 11.3 percent to 1.85 million units last month, the biggest monthly gain since March, according to the China Passenger Car Association.
Tags: october
auto
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Category:Automotive