June 11, 2018 / 6:23 AM / 9 months ago

China May vehicle sales rise 9.6 pct from a year ago- industry association

BEIJING, June 11 (Reuters) - Chinese automobile sales in May rose 9.6 percent from a year earlier to 2.29 million vehicles, an industry association said on Monday, with sales continuing to gain momentum.

The China Association of Automobile Manufacturers (CAAM) said overall sales during the first five months of the year increased 5.7 percent from the same period a year ago to 11.8 million vehicles.

Last month’s rise follows an 11.5 percent increase in April and 4.7 percent growth in March.

Auto sales in China, the world’s biggest vehicle market, have been rebounding steadily since February when sales volume fell 11.1 percent.

Reporting By Lusha Zhang and Norihiko Shirouzu in Beijing; Editing by Christian Schmollinger

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