Production of cars in China and sales more than doubled in January and reached a record high after the government extended the rehabilitation program by the end of this year.
The message shows a strong growth of the largest car market in the world continues.
The total vehicle production and sales in the country reached 1.61 million and 1.66 million respectively in January to 143 percent and 124 percent over the previous year, said that China's car yesterday.
All vehicle models were over 70 percent over the previous year. The association attributed the sharp increase in demand as a healthy economy in China has significantly improved the livelihood of many leaders.
The expansion of the stimulus effect of the reduction of taxes and subsidies on trade-ins, including purchases of cars, said Yang Dong, vice president of the association.
But also said that the positive trend in sales, which exceeded expectations, it would be to purchase all of the performance mean time, because there were still many uncertainties that affect the macro-economy in China this year.
We maintain our expectations for sales of 15 million vehicles in the country this year, said Dong.
Sales of cars, SUV and MPVs also reached a new monthly record of 1.32 million units last month, an increase of 113 percent over the previous year, according to the Federation. Almost half of sales, 650,000 units of the national brands.
Sales of commercial vehicles, including trucks, buses and coaches to reach 348,200 units during the same period by 177 percent in January, near the record high of 356,100 units in March 2008.
The strong sales have made China the largest market for domestic car manufacturers and the automotive world. Shot record sales in the country last month.
The General Motors, the largest foreign car in China, said sales in the last week of 219,192 vehicles in January, an increase of 97 percent during the first months of 2009.
American Automotive Ford Motor Co. joint venture in China sold 30,759 cars in January increased by 128 percent over the same period last year.
Greater Chinese automotive SAIC Motor said vehicle sales last month, 307,384 units by 90 percent over the same period last year.
Vehicle sales in China rose 46 percent to 13.5 million units last year to help the country surpass the United States for the first time as top car market in the world.
