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BIZCHINA> Top Biz News
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Chery sales down 8.9% on low demand
By Jiang Wei (chinadaily.com.cn)
Updated: 2008-12-30 10:33
The sales volume means the automaker is unlikely to fulfill its 480,000-unit sales target mapped out at the beginning of the year. It planned to sell 300,000 units at home and 180,000 units abroad. The drop in sales was contributed to the decreasing demand around the global market triggered by the expanding financial crisis. Due to the weakening demand, most automakers in the country are not able to complete their sales target for 2008. (For more biz stories, please visit Industries)
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