China

March new-car sales jump 14% on incentives, trade group says

A BYD store
March sales at BYD and other Chinese brands, which have long been the main producers of electrified vehicles, rose 31 percent to 1.22 million, according to the China Passenger Car Association. (BLOOMBERG)
April 09, 2025 03:18 PM

Retail sales of new passenger cars such as sedans, crossovers, SUVs and multipurpose vehicles advanced 14 percent to 1.94 million in March, the China Passenger Car Association said.

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