Asian Passenger Car Sales for 2013
In 2013, the Asian automotive market displayed mixed trends in car sales, with some countries experiencing growth while others faced challenges. Factors such as economic conditions, government policies, and changing consumer preferences influenced the sales figures.
China’s automotive industry continued to grow in 2013, although at a slower pace compared to previous years, “only” up 15.7%, with passenger car sales hitting almost 18 million units, maintaining its position as the world’s largest automobile market. The growth rate moderated due to factors such as government measures to control traffic congestion, restrictions on vehicle ownership, and an economic slowdown.
