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CAAM: China's auto sales up by 74.9% YOY in Mar

According to official data from China Association of Automobile Manufacturers (CAAM), China sold about 2.53 million vehicles in March, up by 74.9% from a year earlier. In the first three months of this year, China sold a total of about 6.48 million vehicles, up by 75.6% YOY. In March, the sales of passenger vehicle reached about 1.87 million units, up by 77.4% YOY. From January to March, the sales of passenger vehicle totaled about 5.08 million units, up by 75.1% YOY.