Chinese car sales slow in February
CHINA'S passenger car sales growth slowed in February as buyers in the world's biggest auto market stayed away during the Chinese New Year holiday, a research group said yesterday.
Passenger car sales rose a still healthy 45 percent to 881,085 units for the month, the Shanghai-based China Passenger Car Association reported, citing data from auto makers. Sales jumped 84 percent annually to 1.22 million vehicles in January.
Official data on total vehicle sales for February are due to be released next week.
China's total vehicle sales soared 45 percent last year to an estimated 13.6 million, overtaking the United States as the world's biggest auto market. Most analysts expect growth to exceed 10 percent this year, but to fall short of last year's stunning recovery.
Passenger car sales rose a still healthy 45 percent to 881,085 units for the month, the Shanghai-based China Passenger Car Association reported, citing data from auto makers. Sales jumped 84 percent annually to 1.22 million vehicles in January.
Official data on total vehicle sales for February are due to be released next week.
China's total vehicle sales soared 45 percent last year to an estimated 13.6 million, overtaking the United States as the world's biggest auto market. Most analysts expect growth to exceed 10 percent this year, but to fall short of last year's stunning recovery.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.