This is not sustainable
Reached the target though - just
Details to follow...
In December, the Shanghai Automotive passenger car sales of 25,107 vehicles and 16,888 vehicles in December 2011, an increase of 48.67%; production of 20,188 vehicles to 11,679 vehicles in December 2011, year-on-year growth of 72.86%.
Reached the target though - just
Last year, the Shanghai Automotive passenger car sales to 200,017 vehicles worth 20 billion yuan (US$3.21 billion), an increase from 162,004 vehicles in 2011, an increase of 23.46%; production of 195,675 vehicles from 157,206 vehicles in 2011, a year-on-year growth of 24.47%.
Details to follow...