Association of Automobile Manufacturers: From May 1st to 17th, a total of 680,000 passenger cars were sold in the national market, a year-on-year decrease of 23% compared to the same period last May.

According to the Zhtng finance and economics app, data from the China Passenger Car Association shows that from May 1st to 17th, a total of 680,000 passenger cars were sold in the national retail market, a 23% decrease compared to the same period last May, and a 23% increase compared to the previous month. Since the beginning of the year, a total of 6.285 million cars have been sold, a 19% decrease compared to last year. From May 1st to 17th, a total of 660,000 passenger cars were sold by manufacturers in the national wholesale market, an 18% decrease compared to the same period last May, and a 2% increase compared to the previous month. Since the beginning of the year, a total of 8.637 million cars have been wholesaled, a 7% decrease compared to last year.