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China May Car Sales Fall 22% as High Fuel Prices Hit Gas Cars
High oil prices have hit sales of internal-combustion-engine vehicles, driving NEVs to a record 62.9% market share in May, even as overall passenger-vehicle sales fell 22.1%
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wsj.com
China Auto Sales Stayed Weak in May
China’s auto market weakened further in May, with rising oil prices denting demand for gasoline-powered cars and helping electric and plug-in hybrid vehicles capture a record…
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caixinglobal.com
China May Car Sales Fall 22% as High Fuel Prices Hit Gas Cars
High oil prices have hit sales of internal-combustion-engine vehicles, driving NEVs to a record 62.9% market share in May, even as overall passenger-vehicle sales fell 22.1%
