New-car market poised to contract for 2nd straight month

New-car market in China πŸš— sees 2nd consecutive monthly contraction with retail deliveries down by 6% year on year to below 1.21 million in May, per China Passenger Car Association πŸ“‰ #Automotive #China

In the first 26 days of May, retail deliveries of new sedans, crossovers, SUVs and multipurpose vehicles fell 6 percent year on year to below 1.21 million, the China Passenger Car Association said.Β 

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