China Association of Automobile Manufacturers reveals reduction in new vehicle market for May 2022.

Auto Business News-June 14, 2022--China Association of Automobile Manufacturers reveals reduction in new vehicle market for May 2022

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Auto Business News - 14 June 2022

The passenger car and commercial vehicle wholesale data released by the China Association of Automobile Manufacturers has revealed that China's new vehicle market saw a reduction for the month of May 2022.

The country's new vehicle market decreased by 13 percent to 1,862,000 units in May 2022, compared to 2,128,000 units for the year-ago period.

Vehicle sales decreased...

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