Car sales in China fell in April for the 10th consecutive month

The Chinese Association of Automobile Manufacturers reported that in April, car sales in China fell by 14.6% compared with the same month a year earlier to 1.98 million vehicles after a decline of 5.2% in March. The fall of the indicator has been fixed in the country for the past 10 months. The first decline in sales for the year was noted in China at the end of 2018, when the figure fell by 6% to 22.7 million vehicles. In addition to the negative impact of a slowdown in economic growth and the effects of the US-Chinese trade war, a downward impact on the number of cars sold was also noted in April due to new emission standards introduced in some provinces ahead of expectations.

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