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China's domestic car market accelerating recovery chinadaily.com.cn | Updated: 2021-03-04 15:24 Share CLOSE People visit the 18th Guangzhou International Automobile Exhibition at the China Import and Export Fair Complex in Guangzhou, South China's Guangdong province, Nov 29, 2020. [Photo/Xinhua] The domestic car market is accelerating its recovery, with vehicle inventory falling nearly 30 percent last month, National Business Daily reported. According to the China Automobile Dealers Association, the auto dealer vehicle inventory alert index stood...

2021-02-28 03:11:29 GMT2021-02-28 11:11:29(Beijing Time) Xinhua English 　　People visit the 18th Guangzhou International Automobile Exhibition at the China Import and Export Fair Complex in Guangzhou, south China's Guangdong Province, Nov. 29, 2020. (Xinhua/Lu Hanxin) BEIJING, Feb. 27 (Xinhua) -- China's passenger vehicle sales are expected to surge 377 percent year on year to around 1.19 million units in February due to the low base factor last year, according to a report from an industrial association. On a monthly basis, the sales of passenger cars, including sedans, sport-ut...

© Provided by Xinhua | People visit the 18th Guangzhou International Automobile Exhibition at the China Import and Export Fair Complex in Guangzhou, so