China car sales fall for seventh month as exports rise
China car sales fell 21.6% in April, marking a seventh monthly decline. Export growth of 80.2% helped automakers offset the persistent domestic sales slowdown.
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Xurve View
China car sales fell 21.6% to 1.4 million vehicles in April, marking the seventh consecutive month of domestic decline. Domestic weakness persists as electric vehicle and plug-in hybrid sales slid 6.8% over the same period. Manufacturers are pivoting to global markets to offset slowing demand and high fuel costs at home.
