Retail sales for the first four weeks of March averaged 39, 000 vehicles a day, down 18 percent from a year earlier

2022-05-30 0 By

Data from the Passenger Car Association showed that in the fourth week of March, the overall narrow passenger car market retail sales reached an average of 39,000 units per day, down 29%, a relatively unusual performance, compared with the fourth week of February this year sales fell 46%.The average daily retail sales for one to four weeks in March were 39,000 units, down 18% year-on-year, indicating a low trend.Although the retail is still a normal situation in early March, but the epidemic situation and market changes after the two sessions are more complicated than expected, the individual regions of the main domestic automobile production base have a new pattern of overall static, static influence is more than expected, so it is difficult to judge the total market of the whole month.Although from January to four weeks in March decreased by 10% compared with the same period in February, considering the pressure of dealers’ target sales, the last week should still have the sprint of car delivery at the end of the quarter, and the normal state of the first half of the month, so there is no need to be seriously pessimistic about the retail sales in March.