Passenger car sales up 21.2%

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Passenger car sales in China rose 21.2% year-on-year in October 2007 to 496,900 units. Sales are still growing, but more slowly thanĀ in previous years as the market begins to approach saturation. There is evidence of a shift to niche models such as SUVs, but sedans are likely to remain the biggest sellers.
Source: Global Insight Daily Analysis
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