China's passenger car sales shrink further

12th January, 2019 09:44:37 printer

BEIJING: China's passenger car sales fell for the seventh month in a row last month, data from the China Passenger Car Association (CPCA) showed.

In December, passenger car sales plummeted 19.2 percent from one year earlier to 2.22 million, according to the CPCA data. On a monthly basis, passenger car sales climbed 9.8 percent from November, reports Xinhua.

Annual sales in the world's largest auto market amounted to 22.4 million in 2018, down 5.8 percent year on year, the first annual decline in more than 20 years.

Fueled by the government's preferential policies to boost clean energy use to curb pollution, sales of new energy passenger vehicles maintained robust growth.

More than one million new energy passenger vehicles were sold last year, up 88.5 percent from one year earlier.