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Robust Q1: Passenger vehicles set the pace

By Zhu Bin | China Daily | Updated: 2013-03-25 05:54

Robust Q1: Passenger vehicles set the pace

Potential buyers at an auto show in Jinan, Shandong province last December. Momentum that began in the fourth quarter of 2012 has continued into the first two months of this year. Guo Xulei / Xinhua

Due to the weeklong Chinese New Year holiday in February, wholesale light vehicle sales in the Chinese market declined 8.4 percent from the previous year to 1.39 million units, an expected payback for the exaggerated year-on-year sales growth of 45.5 percent in January.

Robust Q1: Passenger vehicles set the pace

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