China’s car sales in July clocked up their fourth straight month of growth. Photo: ReutersChina’s car sales in July clocked up their fourth straight month of growth. Photo: Reuters
China’s car sales in July clocked up their fourth straight month of growth. Photo: Reuters

China car sales surge in July, clocking up fourth straight month of gains

  • China’s July car sales increased by 16.4 per cent from a year earlier to 2.11 million vehicles, according to the China Association of Automobile Manufacturers
  • The association expects car sales to fall around 10 per cent this year, though, barring a second wave of virus infections, which could cause a decline of about 20 per cent

Topic |   China economy
China’s car sales in July clocked up their fourth straight month of growth. Photo: ReutersChina’s car sales in July clocked up their fourth straight month of growth. Photo: Reuters
China’s car sales in July clocked up their fourth straight month of growth. Photo: Reuters
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