China auto sales up 14.5% in May, rising for second straight month after sliding for nearly two years

 

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China’s auto sales in May rose 14.5 per cent from the same period a year earlier, rising for the second consecutive month as the world’s biggest automobile market recovers from coronavirus lockdowns.

Automobile sales increased to 2.19 million vehicles in May, according to data from the China Association of Automobile Manufacturers (CAAM), the country’s largest auto industry association.

The result followed a 4.4 per cent rise in April and a 43 per cent decline in March, when the pandemic pummelled demand. Before April, sales had suffered an almost two . . .

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