Covid Hits Shanghai's Auto Marketplace With Zero Cars Sold in April

Due to the strict pandemic control measures, the No. 1 in overall car sales in China - Shanghai (about 736,700 new vehicles were sold last year), has now dropped to zero sales. This is the worst downturn in history, as the city in trying to battle the largest Covid outbreak in the last two years.  Being under a strict lockdown for seven weeks, authorities have ordered people to stay at home and shut dow... (continue reading...)