China auto sales reach 1.2 million in February
Wednesday 10 March 2010
China's auto sales reached 1.2 million units in February, up sharply compared with the same month a year ago but below the monthly record set in January, an industry association said.
Demand for new vehicles in the world's biggest market pushed sales up 46 percent in February from the same period a year earlier, the China Association of Automobile Manufacturers announced.
But the figure marked a 27 percent decline from January, it said, when a record 1.66 million cars were sold.
Sales may have fallen off in February due to the week-long Lunar New Year holiday, which was in January last year.
Year-on-year passenger car sales were up 55 percent last month, CAAM said, without providing actual volume.
Those with 1.6 litre engines or smaller accounted for 72 percent of total passenger car sales due to government incentives such as lower taxes, CAAM added.
Statistics from CAAM confirmed in January that China had overtaken the United States to become the world's top auto maker and market in 2009.
China's sales for the year hit 13.64 million units while production reached 13.79 million units.
Life & Style blogs
Surgeon backs 'good death' plans - and reveals his own
NHS hit by stealth cuts of £2bn as tariffs received for medical procedures are reduced
How to survive a social-media mauling, by the tough women of Twitter
Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
The confessions of men who ordered mail-order brides
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
- 2 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 The most powerful passports in the world
£26000 - £28000 per annum + benefits : Ashdown Group: Senior Accounts Assistan...
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...
£16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...