Spring Festival effect takes toll on Feb auto sales

China's passenger vehicle sales in February dipped 4.7 percent year-on-year, due to fewer working days as a result of the week-long Spring Festival holiday.

However, analysts said taking the holiday out of the equation, February's sales figure is much higher than the same month last year.

China delivered 1,040,495 cars, sports-utility vehicles, multi-purpose vehicles and minivans last month, diving 39.1 percent from the previous month, the China Passenger Car Association said on Thursday.