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Sedan Sales Drop for 3 Straight Months

China's sedan sales have dropped for three consecutive months, with the figures standing at 220,100, 177,700 and 167,300 units in April, May and June respectively, the latest statistics of the China Association of Automotive Manufacturers (CAAM) show.

In June, China produced 215,600 sedans, up 2.5 percent over May, while sales dropped 5.8 percent.

In the first six months, China produced 1.2461 million sedans and sold 1.132 million, up 36.4 percent and 31.6 percent respectively from a year earlier.

China's sedan production and sales have maintained a high level for two years.

In March this year, China produced 246,700 sedans and sold 226, 200, both setting monthly records.

In June, China's auto production and sales reported 419,000 and 380,100 units respectively, down 1.41 percent and 4.06 percent over may, while up 21.5 percent and 7.3 percent over the same period of last year.

From January to June, China produced 2.6771 million autos and sold 2.55336 million, up 27.1 percent and 24.15 percent respectively.

(Xinhua News Agency July 20, 2004)

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