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| Tags: car, challenging, china, makers, path, steer, through |
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08-14-2008, 06:13 AM
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China car makers steer path through challenging 2H
Second-half auto sales are likely to grow -- but more slowly than in the past, because of challenging domestic and foreign conditions, China Association of Automobile Manufacturers (CAAM) deputy director Dong Yang told Xinhua on Thursday. Figures from CAAM show sales of domestically made cars in July plunged 17 percent month-on-month, although they rose 6.79 percent year-on-year. Still, some analysts expect China's auto sales could rise by double digits this year, in contrast to ...
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