China's passenger vehicle sales fell 20% in the first two months of this year, industry data showed on Wednesday, underscoring weak demand in the world's biggest auto market even as some car manufacturers offer reduced prices to revive demand.
Sales in February, 1.42 million units, were 10.4% higher than a year earlier, a low base period when a week-long Lunar New Year holiday reduced business activity, the China Passenger Car Association said.
Sales of new energy vehicles , which include pure battery electric cars and plug-in hybrids, grew faster than the overall market, up 61% in February on a year earlier. Last year the central government extended a tax exemption on such products, while local authorities rolled out incentives to encourage purchases.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China Jan-Feb exports, imports slump again as global demand faltersA fall in China's exports for the January-February period pointed to continued weakness in demand for the country's products, backing government concerns that a global slowdown will be felt at home.
Leer más »
China Jan-Feb trade slumps again as global demand faltersChina's exports for the January-February period fell, pointing to continued weakness in foreign demand and backing government concerns that a global slowdown will hamper the country's recovery from pandemic-era damage.
Leer más »
China's trade with Russia surges at double-digit pace in Jan-FebChina's exports and imports with Russia surged at a double-digit pace in January-February from a year earlier, customs data showed on Tuesday, as China said it had to advance relations with its northern neighbour in an increasingly turbulent world.
Leer más »
The 20 greatest slasher horror movies of all timeFrom Halloween to A Nightmare On Elm Street and Scream to Pearl, we rank the best films of horror's undying subgenre
Leer más »
20 Movies and TV Shows We Can't Wait to See at SXSW 2023From a new Evil Dead movie to a cringe comedy about horny high-school fight clubs — our picks for the can’t-miss films and TV series at this year’s wild and crazy Austin fest
Leer más »
20 Different Ways to Enjoy Drinking Your CoffeeAre you looking for new ways to enjoy your daily cup of coffee? Caffeine addicts will love these 20 different and enjoyable ways to drink coffee.
Leer más »