BR100 Increased By (1.42%)
BR30 Increased By (1.24%)
KSE100 Increased By (1.02%)
KSE30 Increased By (1.18%)
AGHA 8.06 Increased By ▲ 0.05 (0.62%)
BECO 5.27 Increased By ▲ 0.09 (1.74%)
BML 59.31 Decreased By ▼ -1.61 (-2.64%)
BOP 33.78 Increased By ▲ 0.73 (2.21%)
CNERGY 9.60 Decreased By ▼ -0.08 (-0.83%)
CSIL 5.43 Increased By ▲ 0.04 (0.74%)
FCCL 51.84 Increased By ▲ 0.93 (1.83%)
FFL 16.66 Increased By ▲ 0.10 (0.6%)
FNEL 1.22 Increased By ▲ 0.02 (1.67%)
KEL 7.44 Decreased By ▼ -0.08 (-1.06%)
KOSM 5.58 Increased By ▲ 0.11 (2.01%)
LOTCHEM 30.58 Increased By ▲ 0.24 (0.79%)
MLCF 95.78 Increased By ▲ 2.46 (2.64%)
NBP 205.30 Increased By ▲ 9.47 (4.84%)
NCPL 55.11 Increased By ▲ 1.29 (2.4%)
NPL 64.80 Increased By ▲ 1.87 (2.97%)
OGDC 320.70 Increased By ▲ 1.20 (0.38%)
PACE 10.54 Increased By ▲ 0.13 (1.25%)
PAEL 41.40 Increased By ▲ 0.34 (0.83%)
PIBTL 16.70 Increased By ▲ 0.25 (1.52%)
PPL 223.49 Increased By ▲ 0.91 (0.41%)
PRL 41.55 Decreased By ▼ -0.50 (-1.19%)
PTC 68.20 Increased By ▲ 1.09 (1.62%)
SSGC 28.50 Increased By ▲ 0.12 (0.42%)
TBL 10.01 Increased By ▲ 0.18 (1.83%)
TELE 8.71 Increased By ▲ 0.08 (0.93%)
TPL 16.60 Increased By ▲ 0.95 (6.07%)
TPLP 12.13 Increased By ▲ 1.10 (9.97%)
TREET 22.85 No Change ▼ 0.00 (0%)
TRG 57.70 Decreased By ▼ -1.11 (-1.89%)
By

SHENZHEN: China’s car sales in April rose for a third month, up 14.8% from a year earlier, as government-subsidised auto trade-ins mitigated the impact of US tariffs on consumer sentiment.

Passenger vehicle sales totalled 1.78 million units last month and for the first four months of 2025 were up 8.2% from the same period a year earlier at 6.97 million units, data from the China Passenger Car Association (CPCA) showed on Sunday.

Sales of electric vehicles and plug-in hybrids, known collectively as new energy vehicles, increased 33.9% year-on-year to make up 50.8% of total car sales last month.

A government scheme that hands out larger subsides to trade-ins of old cars for NEVs than for gasoline vehicles had covered 2.71 million cars as of April 24, official data showed, cushioning the impact on Chinese consumer confidence as the increase in US tariffs on Chinese exports disrupt trade between the world’s two largest economies.

Car exports slid 2.2% in April from a year earlier, extending an 8% decline in March, CPCA data showed.

For domestic buyers, however, automated-driving systems are fading as a catalyst for sales, according to the association.

The focus of a years-long price war in the world’s largest auto market shifted toward next-generation automated-driving features after BYD announced in February to offer its “God’s Eye” driver-assistance system as free standard equipment across its lineup.

Porsche’s 2024 China sales fall by 28%

But the fervour to tout driver-assistance systems is cooling following a government crackdown on marketing terms using “smart” or “autonomous” to describe their technology after a fatal crash involving a Xiaomi SU7 sedan in March.

The EV caught fire after hitting a cement pole, seconds after the driver tried to assume control from the car’s assisted-driving system.

Comments

Comments are closed for this article.