China's auto dealer inventories index has soared

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China's auto dealer inventories index has soared

Snow covered cars at Harbin international conference and exhibition center in Harbin city of China on Feb 23 2017.Auto market started a little cold in 2017,. According to the latest data show that China's car market performance is poor beginning of this year.According to data from the national passenger car sales for January 2.075 million, fell 9.3%, reduce 23.5% month-on-month. Performance worse is the new energy passenger car, the whole month sales is only 5559 units, with the proportion of 60%, plunged 87% month-on-month.At the same time, China's auto dealer inventories index has soared. (Photo by Tao Zhang/NurPhoto)


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