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China's car sales rise 14.8% in April

China's car sales rise 14.8% in April

Yahoo11-05-2025

SHENZHEN, China (Reuters) -China's car sales rose 14.8% in April from a year earlier, as government-subsidised auto trade-ins mitigate the impact of U.S. tariffs on consumer sentiment.
Passenger vehicle sales totalled 1.78 million units last month and were up 8.2% at 6.97 million units in the first four months, data from the China Passenger Car Association (CPCA) showed on Sunday.

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