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Business

China’s auto market looks up

Published: 12 Sep 2014 - 04:32 am | Last Updated: 21 Jan 2022 - 12:56 am

A customer looks inside a car at an Audi dealership in Shanghai. Vehicles sales in China rose 4 percent in August from a year earlier, the China Association of Automobile Manufacturers (CAAM) said yesterday. That followed a 6.7 percent year-on-year gain in July. CAAM has forecast that China’s auto market, the world’s biggest, will expand 8.3 percent this year, slowing from last year’s 13.9 percent pace.