China auto sales top 200,000

China auto sales top 200,000

SHANGHAI: Growth in the full-sized sedan and sports utility
vehicle (SUV) sectors pushed China's monthly auto sales past
200,000 units for the first time in September, a report released
on Monday showed.

At the same time, officials sought to allay fears the world's
fourth largest auto market was not overheating, despite a massive
surge of investment from domestic and foreign carmakers.

Passenger vehicle sales hit a record 200,480 during the month,
up 56 percent year-on-year, with total January-September sales at
1.45 million, up 69 percent from a year ago, quasi-governmental
Automotive Resources Asia said.

Full-size sedan sales were up 117 percent in September
year-on-year at 45,258 units, with SUV sales up 132 percent from
the same period last year at 6,491.

Subcompact and sedan car sales -- traditionally the strongest
sectors in China's auto industry -- also showed continued strong
growth, up 37 percent and 34 percent year-on-year at 41,988 and
78,867 units respectively. --AFP