China Auto Sales Plunge In February Amid Virus Shutdown
Techlife News|March 14, 2020
China’s auto sales plunged 81.7% in February from a year ago after much of the economy was shut down to fight a virus outbreak, an industry group reported Thursday, adding to problems for automakers already struggling with shrinking demand.
China Auto Sales Plunge In February Amid Virus Shutdown

Sales of SUVs, sedans and minivans fell to 224,000, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, fell 79.1% to 310,000.

Auto dealerships, cinemas and other consumer businesses were ordered to stay closed after the Lunar New Year holiday to help contain the virus that emerged in central China in December.

Sales “fell sharply due to the severe impact of the new coronavirus epidemic,” a CAAM statement said.

The government is easing controls in many areas to revive economic activity. Auto factories are reopening, but tens of millions of city dwellers still are under travel and other curbs that weigh on consumer spending.

Sales in the first two months of 2020 were down 43.6% from a year earlier at 1.8 million units. Total vehicle sales were off42% at 2.2 million.

この記事は Techlife News の March 14, 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Techlife News の March 14, 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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