New car sales in China minus 19th consecutive month at 13:25 on February 13
Last month's sales of new cars in China were down for the 19th consecutive month, down 18% from the same month last year. Industry groups say that the spread of the new coronavirus will further reduce sales in the short term, and that production will be affected.
According to the announcement of the China Automobile Manufacturers Association made by automakers, the number of new cars sold in China last month was 19.41 million units, a decrease of 18% compared to the same month last year, a negative for the 19th consecutive month .
According to the association, January is the main cause of the Lunar New Year's "Spring Festival" and five days less on weekdays, saying that there was little effect of the new coronavirus, which spreads in China is.
On the other hand, the spread of infections has reduced consumer income and reduced purchasing motivation, which has caused the new car market in China to be hit hard in the short term, as well as delay exports from China. It is said that there is also a possibility that it will occur.
Regarding the impact of the new coronavirus on production, the Association has resumed operations as of March 12, 59 out of 183 completed vehicle assembly plants in China, about 59% of the total. Revealed that he was staying at
He is also wary of the spread of the new coronavirus, saying that disruptions in the parts supply chain are inevitable.