SALES - Global auto sales hit record high
TORONTO, CANADA - CBC Business News - 30 Dec 2004 -- Global auto sales climbed to a record high this year and will post a further moderate gain in 2005, .... Higher oil prices failed to dampen demand as sales volumes advanced by three per cent.... New vehicle purchases in Asia, excluding Japan, continue to advance at a double-digit pace and are expected to exceed 10 million units next year.... When full-year figures are tallied for 2004, China is expected to show sales of 2.3 million units, surpassing both Italy and France and making it the fourth largest car market in the world.
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