The China Automobile Dealers Association reported that in April, the comprehensive inventory coefficient for auto dealers rose by 7.4% month-on-month and 34.0% year-on-year, reaching 1.89. This indicates a significant increase in inventory levels. Consequently, the total inventory held by auto dealers at the end of April was approximately 2.6 million vehicles, based on terminal sales figures. AI
Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →
RANK_REASON The cluster reports on a survey and statistical release from an industry association regarding inventory levels, which falls under research and data reporting. [lever_c_demoted from research: ic=1 ai=0.1]