China's passenger car sales slowed in February as buyers in the world's biggest auto market stayed away during the Lunar New Year holiday, a research group said Friday.
Passenger car sales rose a still healthy 45 percent to 881,085 units for the month, the Shanghai-based China Passenger Car Association reported, citing data from automakers. Sales had jumped 84 percent year-on-year to 1.22 million vehicles in January.
Official data on total vehicle sales for February are due next week.
China's total vehicle sales soared 45 percent last year to an estimated 13.6 million, overtaking the U.S. as the world's biggest auto market. Most analysts expect …
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