March 10, 2017 / 6:12 AM / in 5 months

China Feb vehicle sales up 22.4 pct y/y -industry body

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BEIJING, March 10 (Reuters) - China auto sales rose 22.4 percent in February from a year earlier to 1.9 million vehicles, the China Association of Automobile Manufacturers (CAAM) said on Friday, the fastest growth since September.

That compares with a 0.2 percent increase in January and 9.5 percent growth in December.

In the first two months of 2017, sales grew 8.8 percent compared to the same period a year ago, the association said at a briefing in Beijing.

In January, CAAM predicted that sales would rise 5 percent this year, a marked slowdown from 13.7 percent growth in 2016 due to the roll back of a tax incentive for small-engine cars. (Reporting by Fang Cheng and Jake Spring; Editing by Randy Fabi)

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