The Chinese passenger car market grew by 55.3 percent in February (compared to the sales volume registered in the same month of 2009), managing a total of 942,900 units, as the China Association of Automobile Manufacturers reports via Gasgoo.
The growth is hefty but represents a slowdown as compared to the 115.5 percent increased registered by the Chinese automotive market in January 2010. This is due to the fact that buyers stood away from showrooms during the 7 days of the Lunar New Year Ho… (read more)