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China automobile sales down nearly 1 percent in February

BEIJING – China’s automobile sales in February decreased 0.86 percent from the previous year to 1.58 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on March 10. Passenger vehicle sales reached nearly 1.38 million units, down 1.53 percent, while commercial vehicle sales reached 204,200 units,

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February heavy-duty truck sales grow 16 percent to 32,000 units

BEIJING – Sales of heavy-duty trucks in China increased 16 percent to 32,000 units in February, and ended the 18-month sales decline that began in August 2014. Six out of the top 10 heavy-duty truck makers witnessed sales increases while the other four experienced drops. FAW sold 5,700 units in

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