Car sales in China are returning to old levels

More than 1.4 million new passenger cars were sold in China in April. That’s a 5.6 percent drop from the same month a year earlier. In recent months, the cards had been shaken quite differently by the corona virus.

With these relatively positive figures for April, the recovery that started in March continues. In February, passenger car sales were still 79 percent below the level of 2019, in March it was minus 40.8 percent.

The number of deliveries from factories to dealers was even on the rise in April. With about two million new copies, the number was 0.9 percent higher than a year earlier. It is also the first time since June 2018 that there has been an annual increase.

Measured over the first four months of the year, deliveries to dealers are still well behind. The counter stands at 5.67 million copies up to and including April, which means that the shipped volume is 32 percent lower than a year earlier.

For Europe, where the virus broke out a few months later, such a recovery is expected in a few months.

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