China’s vehicle sales to hit 23 mn units by 2015

April 19th, 2011 - 5:11 am ICT by IANS  

Shanghai, April 19 (IANS) China’s annual vehicle sales are expected to hit 23 million units by 2015, a 27-percent increase compared to 2010, a media report said Monday.

It was announced by Vice Minister of Industry and Information Technology, Su Bo, at a seminar here.

China’s vehicle sales rose by 32.4 percent in 2010 to 18.06 million units, securing the country’s position as the world’s biggest auto market for the second straight year, China Daily reported.

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