Retail sales of sedans, SUVs, minivans and multipurpose vehicles within the world’s largest car market declined 6.5 per cent to 1.68 million units in June from a year earlier. Photo: AFPRetail sales of sedans, SUVs, minivans and multipurpose vehicles within the world’s largest car market declined 6.5 per cent to 1.68 million units in June from a year earlier. Photo: AFP
Retail sales of sedans, SUVs, minivans and multipurpose vehicles within the world’s largest car market declined 6.5 per cent to 1.68 million units in June from a year earlier. Photo: AFP
Economy /  China Economy

China’s car sales still showing signs of growth as world’s largest market recovers from coronavirus impact

  • China’s car sales in June dropped 6.5 per cent, although sales in June 2019 were boosted by discounts to push models that risked becoming redundant by new emission standards
  • Sales in June increased 2.6 per cent from May, offering some encouragement after demand had slumped amid the coronavirus outbreak

Topic |   China economy
ReutersBloomberg
Reuters and Bloomberg

Updated: 11:34pm, 8 Jul, 2020

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Retail sales of sedans, SUVs, minivans and multipurpose vehicles within the world’s largest car market declined 6.5 per cent to 1.68 million units in June from a year earlier. Photo: AFPRetail sales of sedans, SUVs, minivans and multipurpose vehicles within the world’s largest car market declined 6.5 per cent to 1.68 million units in June from a year earlier. Photo: AFP
Retail sales of sedans, SUVs, minivans and multipurpose vehicles within the world’s largest car market declined 6.5 per cent to 1.68 million units in June from a year earlier. Photo: AFP
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