20 February 2019

China car sales up 9% in March, paper says

Passenger vehicle sales in China rose 9 percent year on year to 1.59 million units in March, driven by delayed new model launches ahead of the Beijing auto show and a rush to buy before curbs were introduced by the Hangzhou government, China Daily reported Wednesday. The sales included sport utility vehicles and minivans, China Passenger Car Association data shows. Sales in the first three months grew 9.5 percent to 4.6 million vehicles despite a weak February owing to the weeklong Spring Festival holiday. After falling in the first week of March, sales picked up in the final week when the Hangzhou government announced purchase restrictions for new vehicles, Rao Da, the association’s secretary general, was quoted as saying. More than 70,000 vehicles were ordered in one day in Hangzhou after the March 25 announcement, the report said.

– Contact HKEJ at [email protected]


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