China imports March 2024: Lexus (+47.7%), Mini (+16%), Toyota (+14.1%) impress in declining market (-16.5%)
Mini sales buck the negative trend in March. Sales of new imported cars in China skid -16.5% year-on-year in March to 52,807 units, leading to a year-to-date volume down -7.3% to 161,152. Lexus (+47.7%) easily repeats as the #1 brand and catches up on a weak yer-ago performance. Mercedes (-36.9%) freefalls…