Skip to content
Subscriber Only
Business
Economics

China Car Sales Growth Slows to 16% as Incentives End

China’s passenger-car sales growth in January slowed from a year earlier after government incentives that boosted vehicle purchases ended in the world’s largest auto market.

Sales of passenger cars including multipurpose and sport-utility vehicles increased 16.2 percent from a year earlier to 1.53 million last month, the China Association of Automobile Manufacturers said today in a statement. Sales in December 2010 gained 18.6 percent from a year earlier.