HONG KONG—Car sales in China declined 36% in April from a year earlier, the worst fall in more than two years, as weekslong anti-Covid lockdowns in parts of the country shutter factories, disrupt supply chains and keep car buyers at home.

Passenger-car sales in April tumbled to 1.04 million vehicles, the China Passenger Car Association said Tuesday, while production fell even more sharply, by 41%, to 969,000 vehicles.

To Read the Full Story

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Video shows volcano in Sicily erupting, spewing fiery lava

A volcano in Italy erupted on Sunday evening in an explosion that…

Migrants arrive in D.C. on buses sent by GOP Texas Gov. Greg Abbott

WASHINGTON — A group of undocumented migrants arrived in the nation’s capital…

Southwest Pilots to Vote on Whether to Authorize Union Leaders to Call for Strike

Business Vote signals pilots’ growing frustration with talks and Southwest’s recent meltdown…

True-Crime Podcast Puts Spotlight on Irish Coach Accused of Abuse

Since then, numerous Irish pedophiles have faced successful prosecution on even older…