Warning Signs for China's Economy as Auto Sales Plunge 21.3% and Extend Seven-Month Slump

NeptunesVortex

SpeedLimited
Joined
Mar 15, 2025
Messages
183
Reaction score
339
Reputation
438.7
Country of Origin
Country of Residence
BEIJING, May 11 (Reuters) - China's domestic car sales fell for a seventh straight month in April amid intense competition in the world's biggest auto market but exports stayed strong as automakers increasingly ‌targeted overseas markets.
Sales at home dropped 21.6% from a year earlier to 1.4 million vehicles last month, data from the China Passenger Car Association (CPCA) said on Monday.

The China Passenger Car Association (CPCA) estimated 1.52 million passenger vehicle retail sales for May 2026, which was still down 21.6% year-on-year.
 
Last edited:

Users who are viewing this thread

Back
Top