The China Association of Automobile Manufacturers reported that sales of new cars in China totaled 923,154, representing a 79.6% increase. But when compared with September, that’s a 9.8% drop month-on-month, when sales rose 83.6 percent from a year earlier to 1.02 million units. However, Xinhua news agency computed that the drop is actually 8.1 percent. Continued after the jump!

Rao Da, secretary general of the China Passenger Car Association, spoke to the China Daily, and asserted that sales of passenger vehicles (cars, SUVs, minivans and multi-purpose vehicles) rose 52.4 percent over the first 10 months to 8.08 million units. Rao remains confident that November sales would beat October’s total as demand purchases typically peak towards the end of the year.

In particular, Rao expects total vehicle sales to top 12 million by the end of November, an optimistic prediction considering that it’s 25 months ahead of the government’s target. He also expects to reach 13.5 million for the year as a whole. That would mean an increase of 44 percent over 2008.

[via autonews]

Tags: car news, china car sales, china car sales increase

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