Business
        

Cars

China's Feb auto sales down 33%

Updated: 2011-03-09 17:12

(Xinhua)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

BEIJING - China's February auto sales fell sharply by 33.09 percent month on month to 1.267 million units due to the week-long Chinese Lunar New Year holidays, the China Association of Automobile Manufacturers (CAAM) said Wednesday.

Related readings:
China's Feb auto sales down 33% China auto sales up 13.8%
China's Feb auto sales down 33% 2010 auto sales driven to a record
China's Feb auto sales down 33% Real cost of auto boom

China's Feb auto sales down 33% US auto sales seen losing momentum in Jan

The February auto output also dropped 29.89 percent from January to 1.26 million units, Zhu Yiping, assistant secretary-general of CAAM, told a press conference.

The February data took China's auto sales in January-February to 3.15 million units and output to 3.09 million units, according to CAAM.

Specials

Tea-ing up

More turning to Chinese tea for investment opportunities like vintage wine

A cut above

The ancient city of Luoyang is home to a treasure trove of cultural wonders.

Rise and shine

The Chinese solar energy industry is heating up following recent setbacks in the nuclear sector

Panic buying of salt
Earthquake Hits Japan
NPC & CPPCC sessions