Overall passenger car retail sales for February are expected to be around 1.25 million units, up 13.6 percent year-on-year but down 30.3 percent from January.
The Chinese New Year holiday in 2024 was on February 10-17, while this year the holiday was on January 28-February 4.
CPCA expects China Feb NEV retail at 600,000, down 19% from Jan
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