China

March sales flat as discounts spread

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March car and light truck sales tallied 1.61 million, flat with March 2022, the China Passenger Car Association said. In the first three months, sales fell 13 percent to 4.33 million, it added. (BLOOMBERG)
April 10, 2023 02:12 PM

BEIJING -- The growth in sales of China's passenger vehicles was flat in March from a year earlier, industry data showed on Monday, as more price cuts by auto brands and the rollout of incentives by local governments helped to support demand.

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