🚗 The new-vehicle market contracted 2% in April according to the China Automobile Dealers Association. 📉 #autoindustry #marketupdate
Retail sales of new sedans, crossovers, SUVs and multi-purpose vehicles industrywide dipped 2 percent year on year to below 1.59 million in April, the China Automobile Dealers Association said Wednesday.
https://www.autonews.com/china/new-vehicle-market-contracts-2-april