The automobiles down yearly
In February, affected by the Spring Festival holiday, the automobiles was in a relatively low level, double-digit decline both monthly and yearly. This month, the production and sales of automobiles in China reached 1,706,000 and 1,718,000 units respectively, down 36.6% and 38.9% than that of last month, and down 20.8% and 11.1% year on year.
For the first two months, the production and sales of automobiles were 4,394,000 and 4,527,000 units respectively, down 2.8% in production but up 1.7% in sales year on year, 13.9 percentage points and 7.1 percentage points lower than the same period last year.