China tops U S in monthly auto sales for first time
China sold 735000 new cars last month, a 14.4 percent drop from January 2008’s 860000, while U S sales fell 37 percent to 656976 vehicles. Analysts say anomalies reflect U S weakness more than China’s surge, with concerns of a broader industry decline this year.
MENTIONED IN THIS ARTICLE
NEW York Monthly
China
U.S
Tom Wilkinson
General Motors Corp
China Association of Automobile Manufacturers
Rebecca Lindland
IHS Global Insight
Xinhua
Beijng
United States
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