China’s auto market weakens in February due to holiday

China’s auto output and sales both decreased in February due fewer working days as a result of the February 4-10 Chinese New Year holiday.

China produced 1.41 million units of vehicles in February, down 17.4% from 1.71 million units a year earlier and 40.4% lower than 2.37 million units in January, the China Association of Automobile Manufacturers (CAAM) reported on Monday March 11. Sales...

Published

Jessica Zong

March 12, 2019

06:10 GMT

Shanghai