Economic Woes: Shanghai Sold No Cars in April

Don Ma
By Don Ma
May 17, 2022NTD Business
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Shanghai reported a stunning 100 percent drop in car sales in April.

Shanghai’s Automobile Sales Association says not a single car was sold last month. Almost all dealerships in the city were closed. This figure is a stark contrast to April 2021, where over 26,000 were sold.

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