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Economic Indicators

China’s car sales extend declines for a fourth month

08/08/2024

Less than a minute

2024.08.08 04:38

BEIJING (Reuters) – China’s July car sales fell 3.1% from a year earlier, industry data showed on Thursday, marking the fourth straight monthly decline and deepening concerns about a demand slowdown in the world’s largest auto market.

Passenger vehicle sales hit 1.73 million in July, with the pace of the slide easing from a 6.9% fall in June, data from the China Passenger Car Association showed on Thursday.

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08/08/2024

Less than a minute