Auto sales in China, the world’s largest car market, decreased marginally in February from a year ago, data from an industry group showed on Thursday, in a gloomy signal for the Chinese economy.

A total of 1.58 million vehicles were sold in the country last month, down from 1.59 million in February 2015, figures provided by the China Association of Automobile Manufacturers showed.

The figure marked a sharp drop from sales of 2.5 million in January, when consumers rushed to buy ahead of the Lunar New Year holiday, which fell on February 8 this year

comment COMMENT NOW