The Sales and Production of Motorcycles Declined in February
In February, the sales and production of motorcycles continued to decline, reaching 1,385,900 and 1,394,400 units respectively, down 20.3% and 21.4% than that of last month, and down 3.2% and 6.1% year on year. The sales and production declined to the lowest comparing with the same period since nine years ago.
For the first two months, the production and sales reached 3,125,200 and 3,169,100 units respectively, down 7.3% and 9.2% from the previous year. The decreased rates enlarged 5.2 percentage points and 7.2 percentage points respectively comparing with the same period of last year.