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Car Sales in China Jump 12% as SUV Demand Soars
Retail deliveries of passenger vehicles in China rose 12% to 1.78 million units in March, according to the country's China Passenger Car Assn.
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Retail deliveries of passenger vehicles in China rose 12% to 1.78 million units in March, according to the country's China Passenger Car Assn.
The trade group notes that demand for SUV/crossovers and minivans soared 64% and 26%, respectively. Sales of conventional sedans slipped about 1%.
CPCA reported last month that volume in the first quarter of 2015 climbed 16% to 3.5 million units, led by strong demand for SUVs and minivans.