As a Chinese New Year expert, you most likely know where February auto sales in China headed: Down. Knowing how our patent-pending Chinese sales oracle, GM, did, you could also predict that there is a silver lining. And so it happened.
Chinese car sales were down 13.6 percent in February, the China Association of Automobile Manufacturers CAAM says. However, Chinese New Year threw everything out of whack. One need to look at January and February, and for the two months, sales rose 14.7 percent.