China’s April passenger car sales fell fastest since March 2020 amid Covid lockdowns, full-year sales may decline – industry body

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Retail sales of passenger vehicles in the world's largest automaker declined at the fastest pace since March 2020 in April as stringent COVID-19 containment measures across several regions shut factories, impacted logistics and weighed on demand.

Retail sales of passenger cars fell 35.7% in April from a year earlier to 1.04 million units, down 34% from the prior month, according to data by the China Passenger Car Association (CPCA) on Tuesday . . .

 

 

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