China: Car sales increase 364.8 percent


(MENAFN)Statistics from an industry association revealed on Thursday, March 11, that China's auto sales increased 364.8 percent year on year to 1.455 million units in February.

According to the China Association of Automobile Manufacturers, the enormous expansion was because of the pointed fall of sales throughout the same period in 2020 and the country's rebounding market demand in 2021.

In the first two months of this year, auto sales hit 3.958 million units, increased 76.2 percent year on year.

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