Passenger vehicle retail sales in China are estimated to have amounted to 1.397 million units in February, up 26.0 percent year on year, while decreasing by 22.0 percent month on month, according to the preliminary statistics by China Passenger Car Association (CPCA).
In the given month, new energy passenger vehicle retail sales are estimated to have totaled 720,000 units, up 85.0 percent year on year, while decreasing by 3.0 percent month on month.