“📉 New-car sales drop 21% in February, according to the China Automobile Dealers Association. Industrywide retail sales fell to below 1.1 million units. #autoindustry #salesslump”
Retail sales of new sedans, crossovers, SUVs and multipurpose vehicles industrywide skidded 21 percent to below 1.1 million last month, the China Automobile Dealers Association said, drawing on a preliminary tally.
https://www.autonews.com/china/china-new-car-sales-slump-feb-trade-group-estimates