Automobile Beijing Car China Chinese New Year Economy Retail Xinhua
BEIJING, Feb. 15 (Xinhua) — Sales of passenger cars in China last month saw a sharp rise from a year earlier thanks to the rising demand ahead of the Spring Festival and pro-consumption measures from local governments, an industry association has said. Retail sales of passenger vehicles, including sedans, sport-utility vehicles and multipurpose vehicles, climbed 25.7 percent year on year to 2.16 million units in January, data from the China Passenger Car Association shows. The figure fell 5.6 percent on a monthly basis, said the association. The wholesale volume of new-energy passenger vehicles registered solid growth last month, soaring 290.6…
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