China car sales to exceed 19 mln in 2012 - govt

Newswire

BEIJING, Nov 27 (Reuters) - China's automobile sales and output will both exceed 19 million units this year, a minister was quoted as saying on Tuesday, a jump from last year's 14.5 million. State news agency Xinhua quoted Miao Wei, China's minister of Industry and Information Technology, as saying China is likely to hit its target of exporting one million cars this year, having exported 760,000 in the first nine months of the year. He said vehicle sales in the ...

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