Thursday, May 23, 2024

New-car demand remains weak in first 19 days of May, trade group says

New-car demand remains weak in first 19 days of May, trade group says https://ift.tt/Hv59TJA

Retail sales of new sedans, crossovers, SUVs and multipurpose vehicles industrywide dipped 5 percent year on year to some 900,000 in the first several weeks of May, the China Automobile Dealers Association said Wednesday.

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