Sales of passenger cars dropped 17.4 per cent to 1.22 million from February 2018 having fell 17.7 per cent in January to 2.02 million units, the lowest January sales since 2012. Photo: AFP

China vehicles sales falls for eighth straight month in February, damping hopes of economic upturn

  • The world’s biggest car market sold 1.48 million vehicles in February, a 13.8 per cent drop, said the China Association of Automobile Manufacturers
  • Sales of new energy vehicles surged 53.6 per cent with grants and subsidies aimed at fighting pollution and lifting industry up the manufacturing value chain
Topic |   China economy

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Sales of passenger cars dropped 17.4 per cent to 1.22 million from February 2018 having fell 17.7 per cent in January to 2.02 million units, the lowest January sales since 2012. Photo: AFP
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