Retail sales of new passenger vehicles in China rose 10 percent in the first 18 days of September after surging 29 percent in August, the China Automobile Dealers Association estimated on Wednesday.
Some 794,000 sedans, crossovers, SUVs and multi-purpose vehicles were delivered industrywide during the 18-day period, according to the trade group’s preliminary tally.
The slower growth in sales was partly due to the Mid-Autumn Festival holiday, which was observed on August 10. Last year, the holiday was celebrated on August 21.
It also came as a result of government lockdown measures to contain sporadic coronavirus outbreaks, the CADA noted.
Chengdu, a metropolis in the southwest China region, was in lockdown for much of early September. Multiple other Chinese cities such as Guiyang and Sanya were also under partial lockdowns earlier this month.