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Domestic car sales up 12.4% month-on-month in Feb
(Xinhua)
Updated: 2009-03-10 17:16 Sales of domestically made cars rose 12.4 percent month-on-month and 24.7 percent year-on-year to 827,600 units in February, the China Association of Automobile Manufacturers (CAAM) said Tuesday.
"Passenger autos with engines under 1.6 liters accounted for 70 percent of the passenger vehicle market, so the bounce of small-engine cars played a critical role in the revival," Zhu Yiping, CAAM assistant secretary general, told Xinhua. Domestic car production was 807,900 units, up about 23 percent from both a month and a year earlier. (For more biz stories, please visit Industries)
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