(Harleen Kaur, Intern Journalist)New Delhi, Beijing Autoshow: After spreading the worldwide epidemic named Corona, now China’s trade is back on track. China’s auto market has become active once again. The auto show will begin in Beijing on Saturday, which will run until October 5. Let me tell you, this show started during this epidemic is an expectation for other big car markets of the world. However, fewer companies will now participate in it.
The point to note here is that since April, the Chinese market has grown rapidly. The demand for large luxury vehicles and electric vehicles has increased here. A year earlier, China’s auto sales rose 11.6% in August, the fifth increase during the lockdown. The lockdown, which began in March, however, declined by 79%.
In this motor, Guangzhou-based GAC, which has partnered with Toyota Motor and Honda Motor, is showing signs of accelerating sales in this year. At the same time, Germany’s luxury vehicle maker BMW expects “single-digit growth” in China this year. According to recently revealed figures, the first 20 days of September are seen as “Golden September and October Silver” with passenger car sales up by 12%.
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