Sales of cars declined by 23.8% in January from a year earlier to 1.16m, according to data issued by the China Association of Automobile Manufacturers (CAAM).
Sales of cars declined by 23.8% in January from a year earlier to 1.16m, according to data issued by the China Association of Automobile Manufacturers (CAAM).
The fall appears to have been partly driven by the timing of the annual Chinese (lunar) new year holiday when around five working days were lost.
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