China’s passenger car sales in February jumped 33% year-on-year according to the China Passenger Car Association.
Sales were boosted by government incentives, including a purchase tax reduction, that stimulated the market.
A total of 607,984 passenger cars were sold last month, up from 456,901 in February 2008, according to the data.
In a statement, the industry group attributed the unexpected boom in auto sales in February to recent government incentives, including cuts in some road fees and in sales tax for small cars (cars with engine displacement up to 1.6 litres).
Passenger sales are estimated to grow at a more moderate rate of roughly 10 percent in March, it said.
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