China's auto sales in April are expected to be basically the same as last month. The automobile market was affected by the "wave of price cuts" in March.
In April, major auto shows opened in various places, and Xiaomi’s first new car, Mi SU7, was released, which will have a certain stimulating effect on the auto market in the second quarter. The introduction of policies will help stimulate the replacement demand in the automobile market and promote the sustainable and healthy development of the automobile industry.