Vehicle shipments lose steam in May

Vehicle shipments show signs of slowing down in May πŸš— Despite a 1.5% increase in wholesale deliveries, down from April’s 9.3% rise, according to the China Association of Automobile Manufacturers.

Wholesale vehicle deliveries, behind another surge in exports, edged up 1.5 percent to top 2.4 million last month after rising 9.3 percent in April, the China Association of Automobile Manufacturers said.

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https://www.autonews.com/china/china-vehicle-shipments-lose-steam-may