Asian Passenger Car Sales for 2012
In 2012, the Asian automotive market displayed mixed trends in car sales due to various factors, including economic conditions, government policies, and changing consumer preferences. Here is some information about car sales in Asia during that year:
China: China’s automotive industry continued its growth momentum in 2012, although at a slower pace compared to previous years. Car sales surpassed 19 million units, solidifying its position as the world’s largest automobile market. However, growth rates started to moderate due to factors such as government measures to control traffic congestion, rising fuel prices, and stricter emission standards.