CAAM: China’s automotive vehicle sales up 14.9 percent in July

CAAM: China’s automotive vehicle sales up 14.9 percent in July

Posted on by admin

China’s automotive vehicle sales in July this year are expected to reach 2.08 million units, up 14.9 percent year on year and down 9.6 percent from the record June figure, according to China’s automotive manufacturers association (CAAM).

Meanwhile, the country’s auto vehicle sales are estimated to amount to 12.34 million units in the January-July period of the current year, down 12.7 percent year on year, due to the Covid-19 pandemic negatively affecting domestic production in the first quarter this year.

Leave a Reply

Your email address will not be published. Required fields are marked *