Industry dynamics

Passenger vehicles sales rebound in China

Publishtime:2019/08/16 Views:19

BEIJING - China's passenger vehicles sales rebounded in March after a dip the previous month, industrial data showed Tuesday.

About 2.02 million passenger vehicles were sold last month, up 3.3 percent year-on-year, according to the China Passenger Car Association.

Passenger car sales fell by 2.4 percent year-on-year in February.

China is the world's largest automobile market, with passenger car sales rising 1.4 percent year-on-year in 2017.

The country on Tuesday vowed to further ease automobile market access for foreign enterprises and expand car imports, a move expected to add competition for domestic automobile makers.