China Auto Sales and Exports Fall 15.4 Percent in February
Total sales fell 15.4% in February, marking the sharpest decline in two years. Domestic demand dropped 34.2% while exports grew 58% during the same period.
Xurve View
Xurve View
The automotive market in China experienced a significant downturn in February, with total sales and exports dropping by 15.4% compared to the previous year. This marks the sharpest contraction for the world's largest auto market since February 2024, as a combination of seasonal shifts and waning consumer incentives pressured demand.
