China vehicle sales fall 11.7% in March after 2 months of increase

FILE PHOTO: Cars drive on the road during the morning rush hour in Beijing

SHANGHAI/BEIJING – Auto sales in China fell 11.7% in March versus an 18.7% rise in February, industry data showed on Monday, as the country’s zero COVID-19 policies kept people from shopping for cars.

(Reporting by Zhang Yan, Brenda Goh and Beijing Newsroom; Editing by Christopher Cushing)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota