China car sales plunge in first half of February

China cornavirus — The deadly coronavirus outbreak has brought economic activity to a crawl in many parts of China, leaving major roadways, malls and new-vehicle showrooms largely empty of traffic. (BLOOMBERG)

B

By:

Bloomberg

February 21, 2020 02:11 PM

China car sales plunged 92 percent during the first two weeks of February as the coronavirus outbreak kept buyers away from showrooms.

Featured Stories

Top 150 dealership groups continue to grow strategically and consolidate the industry

Top 150 dealership groups continue to grow strategically and consolidate the industry

Here’s our list of the 2025 Top 150 dealership groups

Here’s our list of the 2025 Top 150 dealership groups

Hyundai, Kia ride pre-tariff rush to double-digit March gains

Hyundai, Kia ride pre-tariff rush to double-digit March gains

Detroit 3 executives press Trump to temper tariffs as deadline approaches

Detroit 3 executives press Trump to temper tariffs as deadline approaches

Latest News

Asbury: FTC lacks quorum to operate after Trump firings of 2 commissioners

Volvo goes back to car industry basics with surprise CEO switch

Detroit 3 executives press Trump to temper tariffs as deadline approaches

Report calls for more manufacturer-certified collision shops

Staying current is easy with newsletters delivered straight to your inbox.

See More in China

China to reorganize state-owned carmakers to improve prospects, profits

Who is really forging change, gaining ground and a financial edge in China’s competitive market?

New-car market will expand 9.1% in March, trade group forecasts

Tesla halts driving-assistance software trial in China, pending approval

Staying current is easy with newsletters delivered straight to your inbox.