Chinese auto sales growth slowed to 2.5% in 2011, the final figure coming in a bit below analyst...

|By:, SA News Editor

Chinese auto sales growth slowed to 2.5% in 2011, the final figure coming in a bit below analyst estimates for 3%. Growth is estimated at 8% for the coming year, meaning existing production overcapacity could get worse as Mizuho expects it to expand 15% this year and 20% in 2013.