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China's January auto sales surge 46 percent

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China's January auto sales surge 46 percent
BEIJING (AP) — China's auto sales rose 46 percent in January to a monthly record on strong demand for SUVs in pre-Lunar New Year shopping, an industry group reported Friday. Customers bought just over 2 million vehicles last month in China, the biggest auto market by number of vehicles sold, according to the China Association of Automobile Manufacturers. [...] double-digit sales growth slowed to 7.1 percent last year amid an economic slump and ownership restrictions imposed by some cities to curb traffic and smog. Reported by SeattlePI.com 8 hours ago.

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