Under the epidemic situation of the client of Chinanews.com (Zhang Xu) on April 17, the automobile industry is facing tremendous pressure. According to data released by the Federation of Passengers on April 17, the narrow retail market for passenger cars in the first quarter of 2020 was 3.01 million units, a year-on-year decline of 41%. Among them, 1.71 million vehicles were sold in January, down 21% year-on-year. In February, affected by the outbreak of the epidemic, the retail market was only 250,000 units, a year-on-year decrease of 80%. Since March, various regions have introduced consumer encouragement policies, and the market has slowly recovered, reaching 1.04 million units, but it is still down 40% year-on-year.
The Federation of Passenger Carriers: Passenger car retail fell by 40% year-on-year in the first quarter
2020-04-17T11:40:21.184Z
Source: chinanews
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