Growth speed of China’s automobile sales monthly slowed down in 2011, according to latest statistics from the China Association of Automobile Manufacturers (CAAM).
China's automobile sales hit historical new record of 18.50 million units in 2011, and its output edged up 0.84 percent from a year earlier to 18.42million units in the same period, which marked the slowest growth in 13 years, the CAAM said.
Worries on China’s stimulus policies’ withdraw and purchase limit order in more cities besides Beijing, anaylsts said growth speed of China’s auto output and sales will keep deceleration in 2012, if no more support policy release.
