Sales of Commercial Vehicles Continue Decline in China

According to data from the China Association of Automobile Manufacturers (CAAM) reported that due to government's policies boosted, the sales of China-made passenger car hiked in January. The sales climbed 4.44 percent to 610,600 units from a month earlier. However, the figure was still down 7.76 percent year-on-year.

Regarding the sales of commercial vehicles in January, the output dropped 4.4 percent from December to 132,000 units to 125,100 units. The two figures dropped sharply by 39.10 percent and 36.46 percent year-on-year.

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