China auto sales weaken further in September

BEIJING — China's auto sales weakened further in September as demand for SUVs sagged, an industry group reported Friday.

Sales of sedans, SUVs and minivans in the industry's largest market rose 3.3 percent to 2.3 million units, down from August's 4.1 percent rate, according to the China Association of Automobile Manufacturers.

Total vehicle sales, including trucks and buses, rose 5.7 percent to 2.7 million units on unusually strong demand for commercial products.

SUV sales rose 10.4 percent to 970,000, down from August's 17.7 percent growth. Purchases of sedans rose 3.7 percent to 1.2 million.

Sales surged 15 percent last year as buyers rushed to take advantage of a sales tax cut, then weakened after a portion of the tax was restored in January.

Sales for the first nine months of the year rose just 2.4 percent over the same period of 2016 to 17.1 million.

In September, sales of pure electric SUVs and sedans rose 83.4 percent to 64,000 while sales of gasoline-electric hybrids rose 61.9 percent to 14,000.

Must Read

Book filled with blank pages tops Amazon's best seller list

Mar 10, 2017

A joke book "written" by a conservative author and filled with blank pages in a dig at Democrats is the top selling book on Amazon

Indiana board endorses $7M Carrier plant deal Trump brokered

Mar 28, 2017

An Indiana board has endorsed directing $7 million in state tax breaks and grants for a deal brokered by President Donald Trump toward stemming job losses from a Carrier Corp. factory in Indianapolis to Mexico

Samsung to recover rare metals, components in Galaxy Note 7s

Jul 18, 2017

Samsung Electronics to recover gold and other metals, retrieve components from recalled Galaxy Note 7s to reduce waste after the fire-prone smartphones were discontinued

People also read these

Book filled with blank pages tops Amazon's best seller list

Mar 10, 2017

A joke book "written" by a conservative author and filled with blank pages in a dig at Democrats is the top selling book on Amazon

Indiana board endorses $7M Carrier plant deal Trump brokered

Mar 28, 2017

An Indiana board has endorsed directing $7 million in state tax breaks and grants for a deal brokered by President Donald Trump toward stemming job losses from a Carrier Corp. factory in Indianapolis to Mexico

Samsung to recover rare metals, components in Galaxy Note 7s

Jul 18, 2017

Samsung Electronics to recover gold and other metals, retrieve components from recalled Galaxy Note 7s to reduce waste after the fire-prone smartphones were discontinued