New-car market in China 🚗 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 📉 #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.
https://www.autonews.com/china/china-new-car-market-poised-contract-2nd-straight-month