BEIJING :Car sales in China increased 4.7 per cent in September from the same month a year ago, official data showed, boosted by more people buying discounted and new models ahead of key holidays.Passenger vehicle sales totalled 2.04 million units in Sept, the China Passenger Car Association (CPCA) said on We
FILE PHOTO: A view shows traffic during evening rush hour near Beijing’s Central Business District , China April 15, 2022. Picture taken April 15, 2022. REUTERS/Tingshu Wang/File photoBEIJING :Car sales in China increased 4.7 per cent in September from the same month a year ago, official data showed, boosted by more people buying discounted and new models ahead of key holidays.
September is traditionally a bumper month for car sales in China, partly because many people go on a shopping spree ahead of the Mid-Autumn Festival and National Day holidays. Overseas markets remain an important growth area, although an EU probe into China-made EVs may put a damper on exports.
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