China's April passenger car retail sales down 5.6% y-o-y: industry body
Published Mon, May 11, 2020 · 03:02 AM
[BEIJING] China's passenger car retail sales in April fell 5.6 per cent from a year earlier to 1.43 million, the China Passenger Car Association said on Monday, as the country gradually recovers from the coronavirus.
The association said during an online briefing that the overall passenger car sales trend is showing a quick recovery from the virus-induced low.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources