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China’s car sales to slide 2% in 2020, third annual drop – industry body

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China's automobile sales are expect to drop by 2 per cent in 2020, accelerating from the 8.2 per cent fall in 2019 when sales were pressured by new emission standards in a shrinking economy, according to the China Association of Automobile Manufacturers (CAAM).

CAAM also said auto sales dropped 2.8 per cent in December from a year earlier, falling for the 18th consecutive month. Annual sales started falling in 2018, by 2.8 per . . .

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