Retail passenger car sales in the country rose 55,5 percent in April, according to data from the China Passenger Car Association. A total of 1,63 million vehicles were sold in the past month. The Association reported that this number corresponds to a 2,5 percent increase compared to the previous month, that is, March sales.
Officials explain that this dramatic increase in April is due to a number of factors. These include the increase in demand, as well as the base effect caused by the low sales in the same month of the previous year.
On the other hand, total sales in the country in the first four months of the year reached the level of 5,9 million. This number shows a decrease of 2022 percent compared to the same period of 1,3. In addition, according to the data, 240 thousand luxury cars were sold in April; This corresponds to an increase of 101 percent compared to April of the previous year.