HomeBusinessChina Jan auto sales see first monthly rise after eight months of...

China Jan auto sales see first monthly rise after eight months of falls

BEIJING : Automotive sales in China rose 0.9per cent in January from a yr earlier, their first uptick after eight consecutive months of declines, business information confirmed on Friday.

Overall sales on the earth’s largest automotive market rose to 2.53 million automobiles in January, information from the China Association of Automobile Manufacturers (CAAM) confirmed.

Sales of New Energy Vehicles (NEVs) in January reached 431,000, for an annual enhance of 135.8per cent, in response to the info.

(Reporting by Sophie Yu and Brenda Goh; Editing by Clarence Fernandez)

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