Automobile sales in China in March jumped up 55.8% year-on-year to a record 1,735,100 units, according to figures from the Automobile Association, the Ministry of Information Industry cited by the China Association of Automobile Manufacturers (CAAM). Production growth was up 57.7% to 1,734,400 units.
Passenger car sales were up 63.2% in the month to 1,264,900 units; production growth was up 41.3% to 1.3 million units.
For the first quarter of CY 2010, automobile sales rose 71.9% to 4.6106 million units. Sales of passenger vehicles in 1Q 2010 rose 76.3% to 3.5239 million units.
January 2010 auto sales also set a record monthly high, with sales doubling to more than 1.66 million units.
In 2009, vehicle sales in China rose to some 13.6 million units, making the country the world’s largest automobile market.
US light-duty vehicle sales in March were some 1.066 million units, according to Autodata, with 1Q CY2010 sales of 2.545 million units.