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China Auto Sales Data From LMC Automotive: Double Destocking Takes Hold in January 2015
2015-03-06 21:13:55| Auto Dealers - Topix.net
Beijing March 6, 2015; In theory, China's Light Vehicle market should have experienced a particularly strong start to the year, in contrast to the same month of last year, given the industry's full exposure to the rapid selling season that invariably precedes the Spring Festival, which, this year, fell in the middle of February. However, the sales results of locally-produced Light Vehicles for the month of January 2015 amounted to only 2.26 mn units, a meager 9% gain on the same period of last year.
Tags: data
january
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Category:Automotive