China's car sales stay flat in March amid price war

  • 📰 Reuters
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

Growth in sales of China's passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of incentives by local governments helped to support demand.

Car sales in March were 1.61 million units, the China Passenger Car Association said. In the first three months, sales had fallen 13.4% to 4.33 million units, it added.

China imposed strict COVID-19 lockdowns in major cities, such as its commercial hub of Shanghai, in April 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's car sales stay flat in March amid price war -CPCAGrowth in sales of China's passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of incentives by local governments helped to support demand. 价格战这么猛,销量还这么差,完犊子 BoycottChina
Source: Reuters - 🏆 2. / 97 Read more »

UK: Plug-In Car Sales Reached A New Record In March 2023In March, 64,559 new plug-in cars were registered in the UK (17 percent more than a year ago), which is a new record. Petrol and BEVs with stagnant market share and hybrids with growing market share. Interesting!
Source: InsideEVs - 🏆 579. / 51 Read more »