Data from the China Association of Automobile Manufacturers showed that there was a 15.8 per cent decline in total vehicle sales in China in January to 2.37 million units. Photo: Reuters

China’s January passenger car sales in biggest drop in seven years as worries over economy, spending deepen

  • Car sales fell 17.7 per cent last month from a year earlier, while total vehicle sales in January fell 15.8 per cent to 2.37 million units overall
  • Seventh straight monthly decline in the world’s largest car market, and adds to wider concerns over domestic consumption and economic growth
Topic |   China economy

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Data from the China Association of Automobile Manufacturers showed that there was a 15.8 per cent decline in total vehicle sales in China in January to 2.37 million units. Photo: Reuters
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.