China’s passenger car sales edged up 1% in May as recovery slows, Tesla’s China-made vehicle sales rose 29%
China’s passenger car sales edged up 1% in May as recovery slows, Tesla’s China-made vehicle sales rose 29%

China’s passenger car sales edged up 1% in May as recovery slows, Tesla’s China-made vehicle sales rose 29%

 

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China's passenger car sales edged up 1 per cent in May from a year earlier, as the low base from slow sales during the Covid-19 pandemic last year is gradually ended and the global chip shortage hampers carmakers’ production.

Some 1.623 million passenger vehicles were sold last month, according to data released by the China Passenger Car Association on Tuesday.

During the first five months of the year, total sales of passenger vehicles jumped 38.1 percent year on year to 8.36 million, largely due to the low base in the . . .

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