China’s vehicle market improves in August

摘要

China's vehicle output and sales in August reached 1.99 million and 1.96 million units,respectively, up 10.3% and 8% on the month, but 0.5% and 6.9% lower than a yearearlier, data released by the China Association of Automobile Manufacturers (CAAM)showed.This was a big improvement for a sector that has been struggling and follows similarlypositive sales and output numbers for China's passenger car market in August [seeseparate story].