China wholesales April 2022: BYD (+129.2%) shoots up to #1 brand in market hit by Covid lockdowns (-47.6%)
BYD is the best-selling brand in China for the first time. Covid lockdowns and associated factory and dealership closures have devastated the Chinese wholesales market in April. According to the China Association of Automobile Manufacturers (CAAM), wholesales are down -47.6% year-on-year this month to just 1.181 million units which is the…