Light-vehicle sales rise 11% in April
New light-vehicle sales in China advanced 11 percent year on year to top 1.9 million in April, the China Association of Automobile Manufacturers reported.
The double-digit growth shows the market has shrugged off the end of tax incentives for small vehicles at the start of the year.
The sales growth in April came as a result of sustained strong demand for crossovers and SUVs.
Roughly 810,000 crossovers and SUVs were delivered last month, a jump of 18 percent from a year earlier.
Sedan sales also rose nearly 11 percent to about 928,300.
But the multipurpose vehicle and minibus segments continued to contract in the month: MPV deliveries declined 4.6 percent to some 137,100 while minibus sales tumbled 31 percent to around 39,000.
Through April, sales of new light vehicles in China exceeded 8 million, rising 4.5 percent from the same period last year.
On January 1, the Chinese government phased out the sales tax cut on vehicles with engines of up to 1.6 liters. The tax was restored to its normal 10 percent rate from 7.5 percent in 2017.
The sales growth in April came as a result of sustained strong demand for crossovers and SUVs.
Roughly 810,000 crossovers and SUVs were delivered last month, a jump of 18 percent from a year earlier.
Sedan sales also rose nearly 11 percent to about 928,300.
But the multipurpose vehicle and minibus segments continued to contract in the month: MPV deliveries declined 4.6 percent to some 137,100 while minibus sales tumbled 31 percent to around 39,000.
Through April, sales of new light vehicles in China exceeded 8 million, rising 4.5 percent from the same period last year.
On January 1, the Chinese government phased out the sales tax cut on vehicles with engines of up to 1.6 liters. The tax was restored to its normal 10 percent rate from 7.5 percent in 2017.
