China's automotive production, sales surge in September

Oct 11, 2013 | 09:33 AM |

Tags  China auto output, automotive production, auto sales, China Association of Automotive Manufacturers, CAAM, Baosteel, Chen Shihua, Wuhan Iron & Steel Anshan Iron & Steel

SHANGHAI — China’s automotive sector maintained its strong performance in September, traditionally a peak month for the industry, according to the China Association of Automotive Manufacturers (CAAM).

The country produced 1.9266 million vehicles during the month, the third-highest level of 2013. That total is up 16 percent year on year and 14.9 percent higher from the preceding month, according to data released by the association Oct. 11.

Meanwhile, vehicle sales for the month reached 1.9358 million units, up 19.7 percent and 17.4 percent in the same comparisons.....

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