China's car sales rise 1.3 percent in first two months of 2025

China's car sales inched up 1.3 percent in the first two months of 2025 from the same period a year earlier, as an expanded customer subsidy program spurs auto demand while a new smart electric vehicle price war unfolds.

Passenger vehicle sales rose 26.1 percent year-on-year to 1.41 million units in February, following a 12 percent fall in January, data from the China Passenger Car Association (CPCA) showed on Monday.

The timing of the Lunar New Year celebrations, the country's largest annual holiday, which fell in late January compared with February last year, disrupted production and consumption activities.
REUTERS