Strong Summer for China Auto Sales, but Fall Could be Chilly - News Summed Up

Strong Summer for China Auto Sales, but Fall Could be Chilly


SHANGHAI—China’s car market sustained its recent run of growth in August, continuing to expand after a weak start to the year brought about by a rise in the country’s auto-sales tax. Total vehicle sales increased 5.3% compared with August 2016 to 2.19 million, the government-backed China Association of Automobile Manufacturers said Monday. That is consistent with the 6.2% expansion recorded in July, and with June’s 4.5% growth.


Source: Wall Street Journal September 11, 2017 09:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */