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Increase of car sales in China and India expected to support aluminum

Reportedly, the rise of car sales in China and India are expected to support the aluminum when other metals are facing demand crisis and oversupplies.

It’s known that the aluminum is used extensively in automobile sector because of its lower weight, malleability and ductility.

According to the report of China Automotive Industry Association, the vehicle sale in the first quarter of 2011 has an increase of 8% over the same period in 2010. At the same time, the passenger car has sold 3.843 million units, rose by 9%.

Also, Indian Automobile Industry showed the impressive record. It’s known that the domestic sales for 2011 were 26.17% up.

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