Retail sales of sedans, sport utility vehicles, minivans and multipurpose vehicles rose 4.9 per cent to 1.8 million units in June from a year earlier in the world’s biggest market, according to preliminary numbers from the China Passenger Car Association on Monday. Photo: AFP
China car sales in June rise for the first time in over a year due to discounts, association says
- Retail sales of sedans, sport utility vehicles, minivans and multipurpose vehicles rose 4.9 per cent to 1.8 million units in June from a year earlier
- Prices cut by as much as 50 per cent, according to local media reports, to clear inventories of cars that do not meet new stricter emission standards
Topic |
China economy
Retail sales of sedans, sport utility vehicles, minivans and multipurpose vehicles rose 4.9 per cent to 1.8 million units in June from a year earlier in the world’s biggest market, according to preliminary numbers from the China Passenger Car Association on Monday. Photo: AFP