Beijing/Shanghai, April 9 – Vehicle sales in China, the world's largest car market, climbed to a record in March, extending gains from the previous month, helped by government policy measures to bolster demand in both urban and rural areas.
A total of 1.10m vehicles was sold last month, up from 1.06m in March 2008, which previously posted the highest monthly sales, data from the China Association of Automobile Manufacturers showed on Thursday.
”Few had expected such an explosive growth for the month. I certainly didn't as the economy had not shown clear signs of full recovery,” said Yi Junfeng, an industry analyst with Changjiang Securities.
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