China Passenger-Vehicle Sales Top Estimates as India Demand Dips
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China’s passenger-vehicle market had its strongest start since 2010, while sales in India shrank for a third month, illustrating the contrast in automobile demand in the world’s two most populous nations.
China’s wholesale deliveries of cars, multipurpose and sport-utility vehicles, rose 20 percent to 2.84 million units in January and February, according to the China Association of Automobile Manufacturers. India’s passenger vehicle deliveries in the same period fell 11 percent to 468,914 units, according to the Society of Indian Automobile Manufacturers.