Chinese expectations indicating upcoming rise in the car sales

By @ibtimes on

Chinese expectations referring to an increase in the passenger-car sales by 10% in 2012, while this rise will be supported by the first-time buyers according to General Motors Co., Volkswagen AG (VOW) and Honda Motor Co.

The automakers predictions came from the biggest car makers in China, for instance GM, which is considered the biggest overseas automaker in China along with VW and Honda stated that the market will observe a boost in car sales by 10% compared with the prior year's sales.

Join the Discussion