Our patent-pending China sales oracle is in top form. As predicted, the Chinese market awoke from the doldrums in June and rose 6.2 percent from a year earlier to 1.11 million units. This according to a data released today by the China Association of Automobile Manufacturers (CAAM).
Auto production in the first six months came in at 9.16 million, up 2.48 percent from the previous year. Sales in the first sic months were 9.32 million, up 3.35 percent from the previous year. The association expects the second half of the year to be better.