The persistent semiconductor chip shortage has dragged down new-vehicle deliveries in China for four months in a row.
In August, new-vehicle deliveries industrywide plunged 22 percent from a year earlier to 1.71 million, the China Association of Automobile Manufacturers said this week, drawing on its preliminary tally.
In the month, sales of new light vehicles comprising sedans, crossovers, SUVs, multipurpose vehicles and minibuses fell 18 percent.
Meantime, deliveries of new commercial vehicles including trucks and buses tumbled 44 percent, according to the estimates of the top industry group.
CAAM didn’t disclose the estimated volumes of light vehicles or commercial vehicles for August.