China’s retail passenger vehicle sales up 36.6% in April from March

Tuesday, 12 May 2020 12:26:31 (GMT+3)   |   Shanghai
       

Retail sales of passenger vehicle in China in April of the year amounted to 1.429 million units, down 5.6 percent year on year, while up 36.6 percent month on month, signaling the government’s stimulus policy has exerted a positive impact on vehicle sales following effective control of the coronavirus, as announced by the China Passenger Car Association (CPCA).

In the January-April period of the year, retail sales of passenger vehicles in China amounted to 4.445 million units, down 32.7 percent year on year, according to the CPCA.

Automakers in Hubei Province resumed production in late March, exerting a positive impact on overall vehicle output. 


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