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Home / Metal News / Car retail sales improve in Apr: CPCA

Car retail sales improve in Apr: CPCA

Apr 25, 2019 10:32

Source:SMM

Car retail sales averaged 35,321 units per day in the first week of Apr, up 8% year on year

SHANGHAI, Apr 25 (SMM) – Retail sales of passenger vehicles in China improved from a month ago in April as buyers held off car purchases after the value-added tax cuts took effect.

The China Passenger Car Association (CPCA) said on Wednesday that car retail sales averaged 35,321 units per day in the first week of April, up 8% year on year. This compared to a year-over-year decline of 12.7% for the month of March.

Daily average sales stood at 33,508 units in the first three weeks of April, falling 25% year on year due to a high statistical basis in the same period of 2018.

This reflected a sluggish auto market.

Sales data

Passenger car

Passenger vehicle

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Jun 9, 2020 15:32

Analysis

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Analysis

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Car retail sales improve in Apr: CPCA

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