Beijing's new and old car sales slipped in May

In May, sales of new and used cars in Beijing both fell. The reporter learned last week that sales of new and used cars in Beijing in May were 49,400 and 56,700, respectively, down 1.98% and 3.9% from the previous quarter.

Imports and luxury car discounts and inventory rose in May. The statistical data of the Asian Games Village automobile trading market shows that the proportion of imported car inventory cycles over 30 days in May increased from 30% to 43%, and the discount rate of some luxury cars increased to 15% or even 20%. Used car sales are also not optimistic. In May, there were 56,700 used-car transactions, down by 3.9% from the previous quarter.

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