Mon, 30 Jan 2012 10:34:37 GMT
China faced the slowest expansion of auto sector in 2011
Chinese light vehicle sector faced 4.6% increase in sales in 2011, reflecting the lowest yearly growth rate for the last 10 years. However, the country managed to hold its position as a top vehicle market for the third year. Demand for commercial vehicles declined by 6.7% with sales amounting 4.6 million units while sales of passenger vehicles edged up 9.6%,