China’s February passenger car sales rose on year for first time in eight months driven by strong NEV growth

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Retail sales of passenger vehicles in China increased by 4.2% in February from a year earlier to about 1.25 million units, ending an eight-month losing streak, but sliding 40% from the month before, according to figures released by the China Passenger Car Association on Tuesday.

For the first two months of the year, retail sales of passenger cars reached 3.32 million units, falling by 1.8% from a year ago, showed . . .

 

 

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