Chinese Car Sales Power Ahead

Sales of cars in China during January were better than expected, according to figures from Deutsche Bank. At 307,000 units, this was a 70 per cent increase year on year, due partly to the pull forward effect of the Chinese New Year. Analysts forecast volume growth during this year of 53 per cent for passenger cars, with a string of new models in the pipeline, including the Honda Civic, Peugeot 206, Citroen C3, Nissan Silphy and MPV.