China wholesales July 2023: Market edges down, BYD Seagull up to #6, LI Auto, NIO, Zeekr break records
As expected, the BYD Seagull is an instant blockbuster in China. According to data by the CAAM (China Association of Automobile Manufacturers), wholesales in China endure their first year-on-year drop since January, edging down -1.4% to 2,387,000 units. As this shows a slumping market, it is worth remembering that July…