Car manufacturers in China saw their sales fall by nearly a fifth last month as consumers in the world’s largest vehicle market remained reluctant to purchase due to new emissions rules and concerns about the economy.
Key passenger vehicles sales fell 17.4 in May compared with the same month last year, following a 17.7 per cent decline in April, according to wholesale data from the China Association of Automobile Manufacturers.
In the overall market, vehicle sales fell 16.4 per cent in May, their fastest year-on-year decline on record, mainly due to a sharp drop in sales of commercial vehicles such as buses and trucks, which fell 11.8 per cent, the association said.
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