Inventory
China auto dealer inventory drops to slightly above alert level in Apr
Auto dealer inventory factor declined 15.2 percent in April compared to March, signaling a rebound in auto industry outlook.
China Apr vehicle inventory alert index: 60.4%
China Vehicle Inventory Alert (VIA) Index for April was 60.4 percent, implying that auto sales were in contraction territory, but performance improved from March.
China Mar vehicle inventory alert index: 62.4%
China Vehicle Inventory Alert (VIA) Index for March was 62.4 percent, implying that auto sales are in contraction territory and performance deteriorated compared to February.