China New car sales in April increased for the first time in 1 year and 10 months Recovery clearly became May 11 17:23
New car sales in China last month increased by more than 4% from the same month last year, marking the first positive increase in a year and 10 months. Due to the influence of the new coronavirus, it has been declining significantly since February, but the recovery has become clear due to the sales promotion measures of the local government.
According to the announcement by the China Automobile Manufacturers Association, which is made by automobile manufacturers, the number of new vehicles sold in China last month was 2.70 million, an increase of 4.4% compared to the same month last year.
For the first time in a year and 10 months since June, Ottoshi, the number of new car sales in China will exceed the same month of the previous year.
In China, due to the economic slowdown due to trade friction with the United States and the spread of the new coronavirus infection, the sales volume in February has fallen substantially by 80% from the previous year. It was.
However, the number of commercial vehicles increased by more than 30% compared to the same month last year due to a large increase in truck sales last month, and the local government also provided a subsidy for replacement by the local government as an economic measure. As a result, the recovery trend became clear.
However, industry groups are cautious that the number of vehicles sold this year will fall by 15% to 25% from last year, as the spread of infection overseas may affect the economic recovery in China in the future. I have not lost my outlook.
Sales of Japanese manufacturers continue to recover
With the number of new car sales in China surpassing last year's level, the sales of Japanese manufacturers are continuing to recover.
Of these, Nissan sold 122,846 units last month, up 1.1% from the same month last year, Mazda increased 1% to 10791 units, and Toyota increased 0.2% to 142900 units. The sales volume of the three companies turned positive.
The number of Hondas was 113,430, which was a 10% decrease from the same month last year, but it has improved significantly compared to March, which was only half of last year.