Chinese motor sales and production up by around 17% in Mar MOM

BEIJING (Asian Metal) 12 Apr 12 – According to China Automobile Association, Chinese motor sales and production all saw increases in March year-on-year and month-on-month.

The data showed that Chinese motor production was about 1.88 million in March, up by almost 16.Asian Metal Copyright9% compared with that in February and 3.Asian Metal Copyright9% compared with that in February and 3.Asian Metal Copyright .Asian Metal Copyright4% year-on-year.Asian Metal Copyright79 million, down by 1.Asian Metal Copyright Chinese motor sales were 1.Asian Metal Copyright8% and 3.Asian Metal Copyright84 million in Marcy, up by 17.Asian Metal Copyright79 million, down by 1.Asian Metal Copyright3% month-on-month and 1% year-on-year.

However, in the first quarter of 2012, Chinese motor production and sales were around 4.78 and 4.Asian Metal Copyright4% year-on-year.Asian Metal Copyright79 million, down by 1.Asian Metal Copyright9% compared with that in February and 3.Asian Metal Copyright8% and 3.Asian Metal Copyright9% compared with that in February and 3.Asian Metal Copyright4% year-on-year respectively.

Experts think that March is usually the boom season for motors industry, so it is reasonable for the production and sales to see obvious increase month-on-month. However, the production and sales in March 2011 were high-held, so they both saw slight decreases this year.Asian Metal Copyright Experts think that March is usually the boom season for motors industry, so it is reasonable for the production and sales to see obvious increase month-on-month.Asian Metal Copyright From the point of Chinese motor market in the first quarter, analyst thinks it is more likely for the production and sales to continue to see an increase in 2012.
.Asian Metal Copyright However, the production and sales in March 2011 were high-held, so they both saw slight decreases this yearAsian Metal Copyright