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11 Mar
06:38

China's February car production falls on long holiday

China’s February automotive production was hit by the Chinese New Year holiday and thus posted a decrease on both month-on-month and year-on-year bases. However, the combined output of the first two months of the year still achieved a year-on-year growth, Kallanish notes. February output of Chinese vehicles was down 37.5% m-o-m and 25.9% y-o-y to just 1.51 million units, the lowest in the past 22 months, according to data given by the China Association of Au…
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