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Vehicle Wholesales in China Rise 5%

Factory deliveries of new vehicles to dealers in China climbed 5% to 2.66 million units in March, the China Assn. of Automobile Manufacturers reports.

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Factory deliveries of new vehicles to dealers in China climbed 5% to 2.66 million units in March, the China Assn. of Automobile Manufacturers reports.

CAAM says deliveries of passenger car advanced 4% to 2.17 million units last month. SUV/crossover volume jumped 11% to 920,000 units, and sedans rose 4% to 1.02 million. Commercial vehicle shipments grew 11% to 487,700 units.

The trade group says wholesale deliveries of hybrid and pure-electric vehicles more than doubled to 68,000 units in March. Three-quarters of the total were all-electric models.

 

Gardner Business Media - Strategic Business Solutions