Chinese Auto Dealer Inventory Warning Index Was 60.4% in April

The latest "China Automobile Dealer Inventory Warning Index Survey" released by the China Association for Automobile Manufacturers shows that the inventory warning index of auto dealers in April 2023 was 60.4%, down 6.0 percentage points year-on-year and 2.0 percentage points month-on-month.

The index exceeding the 50 point mark means a sluggish automobile distribution industry.

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