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China Automotive Systems Inc. Message Board

  • bobpaulovich bobpaulovich Oct 11, 2013 9:14 AM Flag

    September vehicle sales China+ 21%

    Bloomberg reports for September, + 21% monthly sales figure for China, which includes car,suv, heavy truck and bus.
    These numbers continue to confirm a positive growing demand for new vehicles in China/Asia.

    This trend looks to be intact, and may very well last for several years or more.

    In China/Asia, many existing cars/trucks/buses are worn out and need to be replaced. Many first time buyers entering car/suv market. Hundreds of millions of new demand!!

    Sentiment: Strong Buy

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