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| Chinese auto sales 2010 more than double to 1.3 million units in January than 2009 |
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Chinese auto sales 2010 more than double to 1.3 million units in January than 2009.China widened its lead over the U.S. as the world's biggest auto market in January, with passenger car sales more than doubling to 1.32 million vehicles, an industry group reported Tuesday.
Spurred by tax cuts and other government stimulus measures, January's passenger car sales rose 18 per cent from December's 1.1 million vehicles sold and were up 116 per cent from the same month of 2009.
Total vehicle sales, including larger vehicles, also more than doubled from last year to 1.66 million units, the China Association of Automobile Manufacturers said.
That compared with the 735,000 reported in January 2009, when sales in the Chinese market first overtook those in the U.S.U.S. auto sales rose a modest 6 per cent in January, but that was up from a 26-year low of 656,976 a year before.
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