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China's 2014 car sales beat 23m, but growth slows

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Sales rose 6.9 per cent, or 1.51 million vehicles, to 23.49 million, the China Association of Automobile Manufacturers (CAAM) said. That is short of an 8.3 per cent growth target given by CAAM in July.

Shanghai

CHINA'S car sales exceeded 23 million vehicles last year, an industry group said on Monday, but annual growth halved from 2013 as a weaker economy took its toll on the world's biggest car market.

Sales rose 6.9 per cent, or 1.51 million vehicles, to 23.49 million, the