China car sales fall for 8th month as forecast cut
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
China's car sales have fallen for the eighth consecutive month, with some reports indicating a significant decline of around 22% in May. However, not all manufacturers are experiencing a downturn, as BYD has reportedly seen sales growth for two months, although there are conflicting reports about the performance of its passenger electric vehicle sales. The overall decline in car sales is attributed to weakening domestic demand, but exports may be a bright spot for some companies.
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