China auto sales jump 13% in 'Golden September' as shoppers return to showrooms

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Automobile sales in China rose 12.8per cent in September from the same month a year earlier, marking the sixth consecutive month of gain, as the ...

BEIJING: Automobile sales in China rose 12.8 per cent in September from the same month a year earlier, marking the sixth consecutive month of gain, as the world's biggest vehicle market comes off lows hit during the coronavirus lockdown.

Auto insiders refer to"Golden September, Silver October" as they regard the months as the high season for China sales, with drivers venturing out to make purchases having stayed away during the stifling summer months. The Beijing auto show, promotional events and local policies supporting consumption in the auto sector helped sales growth in September, said senior CAAM official Chen Shihua.FILE PHOTO: A woman walks past a showroom outside Tesla China headquarters at China Central Mall in Beijing, China Jul 11, 2018.

New energy vehicle sales surged 67.7 per cent to 138,000 units for their third consecutive month of gain. NEVs include battery-powered electric, plug-in petrol-electric hybrid and hydrogen fuel-cell vehicles.

Source: Car News Wire (carnewswire.net)

 

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