April vehicle sales fell 2.2 percent in China on year-on-year

China vehicle sales dropped 2.2 percent year-on-year in April from a year previously to 2.1 million vehicles, the China Association of Automobile Manufacturers (CAAM) stated.

That compares with a 4 percent boost in March and 22.4 percent boost in February.

In the first four months of this year, sales increased 4.6 percent compared to the same duration year earlier, the association stated in Beijing.

In January, CAAM forecasted that sales would increase 5 percent this year, slowing from 13.7 percent growth in last year, pointing out the rollback of a tax incentive for small-engine cars and economic pressures.