Growth in China’s car sales slowed in March as car buyers hesitated to make purchases amid a price war among major car makers and as they awaited more government incentives. Car makers and dealers sold 1.59 million passenger cars last month, the China Passenger Car Association said Monday. Growth in passenger car sales slowed to 0.3% in March from 10.4% in February.

Source: Wall Street Journal April 10, 2023 20:54 UTC