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
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]
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