Car sales in China accelerated

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Automotive industry

Car sales in China accelerated

The sluggish economy last summer had unsettled potential car buyers in China. In the meantime, you are again in a buying mood. Some car brands benefit more than others.

In China has accelerated the growth of the car market, thanks to discounts. In July, the number of vehicles sold increased by 23 percent to 1.6 million units, said the industry Association PCA on Tuesday in Beijing. Thus, the sales increased to pay for the fifth month in a row. In the first seven months of the year on the world’s largest car market, were sold 12.4 million vehicles – an increase of 11.1 percent. China is one of the most important markets for the German manufacturers BMW, Daimler and Volkswagen.

A year ago, the Chinese car was cooled down market. At that time, the Chinese government had controlled, with a reduction of the VAT for the smaller cars and sales again boosted. The tax relief is valid until the end of this year.

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As data from the Chinese dealers Association CADA suggesting that decreased the number of dealer stations, and Store the cars in the country for the first Time in eleven months. Industry experts see it as an indication of high rebates to promote the sale. The stock should continue to fall, it could pay in more good selling the production by the manufacturer push.

General Motors and Ford increased sharply

According to the previously published Figures, in particular the Opel parent General Motors was among the foreign groups in July. Already at the end of last week, the US car manufacturer reported an increase in deliveries of 18 percent for China. Ford posted a growth of 15 percent, with Toyota nearly six percent. The Chinese manufacturer Guangzhou, Great Wall Motor and the Volvo car parent Geely increased even more than the foreign companies. German car maker reports first about your performance.

Also, the Chinese car buyers have found recently increasingly Like the more spacious cars. The large all-terrain vehicle similar to the everyday cars, so-called SUVs, were able to increase their share of the passenger cars sold in the first half of the year to 35 per cent. In the same period of last year there were around 27 percent.

iw/ul (dpa)