Entering the second quarter, the production and sales of the Chinese automotive market continue to be under pressure. According to data released by the China Association of Automobile Manufacturers, the production and sales of automobiles in April reached 2.406 million and 2.359 million respectively, a decrease of 10.5% and 12.5% month on month, and a year-on-year increase of 12.8% and 9.3%, respectively.
Entering the second quarter, the production and sales of the Chinese automotive market continue to be under pressure. According to data released by the China Association of Automobile Manufacturers, the production and sales of automobiles in April reached 2.406 million and 2.359 million respectively, a decrease of 10.5% and 12.5% month on month, and a year-on-year increase of 12.8% and 9.3%, respectively.