Crude oil prices fell in early Asian trading today, Tuesday, as investors' expectations of demand growth eased due to ongoing trade tensions between the United States and China.
Chinese car sales surges 26.4 percent in the first quarter of 2024
[14/04/2024 06:59]
BEIJING-SABA
Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.
The China Association of Automobile Manufacturers said in a statement published by the Chinese news agency (Xinhua) that about 3.39 million Chinese-branded vehicles were sold during the period. The Association noted that the market share of the same cars increased by 7.4 percentage points year-on-year to reach 59.6% during the mentioned period.
In March alone, nearly 1.33 million vehicles were sold, with market share up to 7.2 percentage points from a year earlier to 59.3 percent.