Annual growth of internet ad costs in car industry in China Q1 2020-Q4 2020
In the last quarter of 2020, internet advertising spending in the automobile brand industry in China grew by 23.1 percent compared to the same quarter in the year prior, showing a sign of recovery. Due to the coronavirus outbreak, the online ad spending of the car brand industry recorded a 4.4 percent year-on-year decrease in the quarter ends in March 2020.