(Bloomberg) -- Automobile sales will be about around 28.1 million units this year, unchanged from 2018, the official Xinhua News Agency reports, citing a report released by the China Association of Automobile Manufacturers and other unidentified parties.
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Recent data showed China’s car sales plunged for an 11th month in April, with little relief in sight for automakers as trade tensions and an economic slowdown weigh on demand.
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Sales of passenger vehicles will be about 23.7 million units, in line with last year, Xinhua reported.
New-energy vehicle sales this year are expected to rise about 27% to 1.6 million units this year, the report said.
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