China vehicle sales grow 6.6 pct in March

Fri Apr 11, 2014 2:16am EDT

April 11 (Reuters) - China's vehicle sales grew 6.6 percent
in March, an industry association said on Friday, as foreign
brands such as Ford Motor Co and Toyota Motor Corp
 posted solid growth in the world's biggest car market.
    China sold 2.17 million vehicles in March, according to the
China Association of Automobile Manufacturers (CAAM).
    China's auto market grew 18 percent in February and 6
percent in January. CAAM has forecast the market would grow 8-10
percent this year, slowing from last year's 13.9 percent pace.
    In March, Ford's China sales grew 28 percent while Toyota's
China sales rose 19 percent.

 (Reporting by Beijing newsroom and Samuel Shen in SHANGHAI)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

How to get out of debt

Financial adviser Eric Brotman offers strategies for cutting debt from student loans and elder care -- and how to avoid money woes in the first place.  Video