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Some 2.25 million passenger cars were sold....>

CHINA
CHINA: Some 2.25 million passenger cars were sold in China in October, a gain of
2% from September and 3% from a year ago, the China Passenger Car Association
said Wednesday. The bigger-than-expected rise was due to a recovery consumers'
purchasing power because of increasingly stable housing prices as well as car
makers' sales promotions during the month, the association said. SUV sales led
growth, up 5% on the month. Sales of new energy cars grew 12% m/m to 65,000 in
October, double the year ago level, it noted. China's environment protection
campaign and the cooling of the property market will continue to boost passenger
car sales this winter, the group predicted.

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