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Nestle opens milk powder factory in North China
Row could end tie-up as Wahaha seeks damages
Brilliance China to sell vehicles in US
China Southern Airlines opens air link with Myanmar
Railway helps Tibet save $23 mln of transportation costs
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State investment arm will merge into new company
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Domestic stocks surge most in six months
Stocks keep sliding on interest rate concern
Stocks gain as recent declines judged excessive
Stocks slide amid cooling demand for equities
Corporate bonds set to take off in China
Domestic shares fall amid measures to cool markets
China's car sales up nearly 26% in first half
BEIJNG, July 7 (Xinhua) -- Despite slackening in the past two months, China managed to chalk up a year-on-year growth of 25.9 percent in car sales for the first half of this year, sources with the China Association of Automobile Manufacturers (CAAM) said on Saturday.


From January to June, 3.08 million passenger vehicles were sold nationwide, up 22.3 percent. The total included 2.29 million cars, up 25.9 percent, 107,000 MPVs (multi-purpose vehicles), up 12.9 percent, and 158,000 SUVs (sport-utility vehicles), up 39.3 percent.


CAAM sources said in the six-month period, the top five best sellers were Santana, Jetta, Excelle, Camary and QQ, and the top carmakers in terms of sales were FAW Volkswagen, Shanghai Volkswagen, Chery, Dongfeng-Nissen and Guangzhou Honda.

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