China sales up 60%

China’s passenger car sales in August rose 59.3 percent from a year earlier to 977,300 units, the China Automotive Technology & Research Center (CATRC) said on Wednesday.

Japanese consumers rushed to take advantage of government subsidies expiring this month, while dealer discounts in China lured buyers in the world’s largest auto market.

“In China, underlying demand still seems to be very strong,” said?Ashvin Chotai, London-based managing director of Intelligence Automotive Asia Ltd., an industry consultant.

Toyota sales by various JVs rose 16% to 77,000, Honda was up 5.9% to 48,399, Hyundai-Kia group volume rose 20.5% to 85,827, General Motors was up 19.2% to 181,625 and Ford up 24% to 44,047.

via Reuters

• Nissan estimates sales of 800,000 units in China this year
• German luxury carmakers shorten holiday breaks to build more cars for China
• China’s 2009 auto sales forecast to hit 12.6M units
• China October auto sales up 72% to 1.2 mln units
• China auto sales to hit 17 million in 2010, CAAM says
• Automakers expect Chinese growth of up to 10 percent in 2012
• VW 2011 Sales Record in China - 2.26 million vehicles

• Nissan estimates sales of 800,000 units in China this year
• German luxury carmakers shorten holiday breaks to build more cars for China
• China’s 2009 auto sales forecast to hit 12.6M units
• China October auto sales up 72% to 1.2 mln units
• China auto sales to hit 17 million in 2010, CAAM says
• Automakers expect Chinese growth of up to 10 percent in 2012
• VW 2011 Sales Record in China - 2.26 million vehicles