In July, the nation's auto sales and output saw its first increase after two consecutive months of decline. Auto sales in China climbed 2.18 percent year-on-year to reach 1.28million units in July, the China Association of Automobile Manufacturers (CAAM) said Wednesday. The country produced 1.31 million cars in July, up 1.26 percent from one year earlier, the CAAM said.

For the first seven months, the combined auto sales topped 10.6 million units, a rise of 3.22 percent year-on-year, while the output reached 10.46 million, up 2.33 percent from the previous year. The country's July car sales and output were down 11.19 percent and 6.96 percent month-on-month, the CAAM data indicated.

The country's auto market boomed for the past few years but started to cool after the government removed tax incentives for the industry and several cities have tightened automobile purchase policies in an effort to combat traffic jams.

China's auto sales surged more than 32 percent year-on-year to hit 18.06 million vehicles last year, making the country the world's largest auto market for the second year in a row. Last year's automobile output hit 18.26 million vehicles, an annual increase of 32.44 percent.

Źródło: english.cri.cn

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