Auto sales may slow in 2010
Added Time:[2010/2/6 10:57:50]
Chinese auto sales in 2010 are forecast to rise above 10% from 2009 to more than 15 million units, according to the ministry's report on Saturday."We are still confident of sales for 2010 as the government's policy to stimulate consumption at all levels will continue, said Chang,the director of the department of market system development under the ministry, "But the robust growth momentum of last year can not be sustained. Double-digit growth is not a difficult goal." China's auto sales jumped 46.2% in 2009 from the previous year,the fastest in more than 10years. Last year,about 13.65 million units were sold,making China the largest auto market when it overtook United States for the first time.
