Growth in sales of China's passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of incentives by local governments helped to support demand.
Car sales in March were 1.61 million units, the China Passenger Car Association said. In the first three months, sales had fallen 13.4% to 4.33 million units, it added.
China imposed strict COVID-19 lockdowns in major cities, such as its commercial hub of Shanghai, in April 2022.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China's car sales stay flat in March amid price war -CPCAGrowth in sales of China's passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of incentives by local governments helped to support demand.
Weiterlesen »
Treasury yields fall after data shows U.S. job growth slowed in MarchThe yield on the benchmark 10-year Treasury note slipped to 3.3626%, while the yield on the 30-year Treasury bond dipped to 3.5811%.
Weiterlesen »
Tesla's stock falls toward 5th straight loss after slowing in China auto sales in MarchShares of electric vehicle maker Tesla Inc. undefined dropped 1.6% toward a fifth consecutive decline in premarket trading Monday, in the wake of data...
Weiterlesen »
IMF’s Georgieva: India, China to account for 50% of global economic growth in 2023International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said that “the global economy is estimated to grow less than 3 percent in 2
Weiterlesen »
US: Mazda MX-30 Sales Remain Stable Near Zero In March 2023Mazda sold only four all-electric MX-30 in the United States in March, which is 96% less than a year ago. In Q1, the total volume barely reached 15 units.
Weiterlesen »
UK: Plug-In Car Sales Reached A New Record In March 2023In March, 64,559 new plug-in cars were registered in the UK (17 percent more than a year ago), which is a new record.
Weiterlesen »