BEIJING : China’s car sales declined for the sixth straight month, as sporadic Covid-19 outbreaks in the world’s biggest auto market hit retail, even as shortages of chips and components eased.
Sales of passenger cars in November fell 12.7% from a year earlier to 1.82 million vehicles, the China Passenger Car Association said Wednesday.
January-November sales rose 6.1% compared with the same period last year, the association said. Although car production has been recovering, Chinese consumer spending has been weak in the past months amid growing headwinds against the economy, and the spread of the Omicron variant of Covid-19 could add uncertainties to the market in the coming months, said Cui Dongshu, secretary-general of the