China auto sales fell 15 percent in February amid holidays
Chinese auto sales fell 15 percent in February due to holiday shifts and lower subsidies. Strong export growth now faces risks from conflict in the Middle East.
Xurve View
洞察:
Xurve View
Wholesale vehicle sales in China fell by 15% in February as the industry grappled with fewer working days due to the Lunar New Year holidays and the withdrawal of government incentives. Domestic demand saw a sharp 34% decline to 950,000 units, though the impact was softened by a 58% jump in exports, which reached 590,000 vehicles.
