- Automobile sales in China rose 6.4% to 1.72M units in April, according to the China Passenger Car Association.
- Sales of SUVs were up 36% during the month to help make up for a drop in passenger car sales.
- Dealers offered discounts of 18% to help clear inventory, according to an estimate from Bank of America Merrill Lynch.
- YTD deliveries in China are up 6.7% to 7.36M units.
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