China Association of Automobile Manufacturers: In April, domestic narrow passenger car market retail sales increased by 14.5% year-on-year, with independent brands increasing by 30% year-on-year.
According to the Wisdom Financial APP, the April national passenger car market depth analysis report released by the China Passenger Car Association shows that in April, the domestic narrow passenger car market retail sales reached 1.755 million vehicles, an increase of 14.5% year-on-year, and a decrease of 9.4% month-on-month; from January to April, the cumulative sales reached 6.872 million vehicles, an increase of 7.9% year-on-year.
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