Sales of automobiles in January 2013 exceeded a record 2 million units, up 46 percent compared with the same month in 2012, according to the latest data released by China Association of Automobile Manufacturers (CAAM). Sales of passenger vehicles registered a high 49 percent growth to 1.7 million units and those of commercial vehicles were up 35 percent year-on-year to 309,000 units. While January numbers show that market demand has picked up momentum after two years of sluggish growth ...

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