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CAAM: China’s car sales surged 40% in April
May 7,2020 15:23CST
data analysis
Source:SMM
Sales of automobile in China surged 39.8% to 2 million mt in April from a month earlier, according to the flash estimate by the China Association of Automobile Manufacturers (CAAM) released Thursday.

SHANGHAI, May 7 (SMM) – Sales of automobile in China surged 39.8% to 2 million mt in April from a month earlier, according to the flash estimate by the China Association of Automobile Manufacturers (CAAM) released Thursday.

 

This would inch up 0.9% from April 2019.

 

For the first four months of 2020, China’s car sales are estimated to reach 5.67 million units, down 32.1% from the same period the year before, compared to a 42.4% decline registered in the January-to-March period.

Sales data
Car

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