(Yicai Global) Dec. 10 -- Imports of passenger cars into China, the world's biggest auto market, fell 22 percent in October from a year earlier amid trade frictions and because consumers had less money to spend on cars after outlays on property.
The country brought in 80,000 units made overseas last month, the Chinese Passenger Car Association said, citing Sinomach Automobile, the country's largest auto imports dealer. Shipments fell 16 percent on a monthly basis.
In the 10 months through October, imports were 6 percent lower at 927,000, compared with a 4.2 percent decline in the nine months ended September.
This year's China-US trade conflict has crimped imports by BMW, Mercedes Benz, Tesla and Ford Motor, according to Sinomach Automobile.