SHANGHAI, Mar 10 (AFP): China's auto sales eased in February from a record high in January as the long Lunar New Year holiday affected the market, an industry group said Monday.
Auto sales in China-the world's biggest car market-rose 17.8 per cent last month from a year ago to 1.60 million vehicles, the China Association of Automobile Manufacturers (CAAM) said in a statement.
In January, sales were a record for any month at 2.16 million units, though year-on-year growth was only 6.0 per cent, according to previous figures.
"Under the influence of the Spring Festival, China's February auto production and sales naturally fell compared with January," the group said.
The traditional Chinese New Year, or Spring Festival, started on January 31. Businesses typically close for at least a week for the holiday.
Last year, China's auto sales surged 13.9 per cent to 21.98 million vehicles, as a recovery in Japanese brands previously hurt by a diplomatic row offset the impact of slowing economic growth.
China auto sales slow in February
FE Team | Published: March 11, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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