China car sales decline for sixth straight month in March
China's car sales fell 15.2% in March to 1.67 million units. Rising fuel costs and reduced EV incentives contributed to a sixth straight month of decline.
Xurve View
Xurve View
The automotive market in China continued its downward trend in March, marking the sixth consecutive month of declining sales. A combination of escalating fuel costs and a slowdown in the broader economic recovery has dampened consumer appetite for new vehicles, according to the latest industry figures.
