China car sales up 34% on April but still weaker than last year

Summary by Ground News

Retail car sales in China jumped 34 per cent in the first three weeks of May. But sales of passenger vehicles from May 1 to May 22 fell 16 per cent from the same period a year earlier. China's policymakers have been in talks with automakers about extending costly subsidies for electric vehicles.

1 month ago

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Reuters

China car sales up 34% on April but still weaker than last year

SHANGHAI -Chinese retail car sales data for May has added to a picture of a grinding economic recovery from severe anti-pandemic measures, with manufacturers selling more vehicles than last month but still fewer than a year before. Releasing the data late on Wednesday, the China Passenger Car Association called for more government support. Retail sales in the first three weeks of May,

1 month ago·United Kingdom

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Channel News Asia

China car sales up 34% in first three weeks of May vs month earlier

SHANGHAI :Retail car sales in China jumped 34 per cent in the first three weeks of May from the same period a month earlier, data from the China Passenger Car Association (CPCA) showed.But sales of passenger vehicles from May 1 to May 22 fell 16 per cent from the same period a year earlier to 780,000 units, t

1 month ago·Singapore

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Financial Post

China car sales up 34% on April but still weaker than last year

SHANGHAI -- Chinese retail car sales data for May has added to a picture of a grinding economic recovery from severe anti-pandemic measures, with manufacturers selling more vehicles than last month but still fewer than a year before. Read More

1 month ago·Canada

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