China's passenger-car sales soared 84.2% in January to 1,218,722, giving the industry a flying start toward the 17 million-unit forecast for the full year, the China Passenger Car Assn. reports. The government-owned China Daily newspaper quotes CPCA Secretary General Rao Da as saying the month’s result also was up 5.1% from December. January deliveries largely were driven by the minivan segment, which surged 88.9% from like-2009 and 44.4% from December, due to subsidies for trade-ins and ...
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