Reuters logo
China Feb vehicle sales up 22.4 pct y/y -industry body
March 10, 2017 / 6:12 AM / 8 months ago

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

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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below