Press "Enter" to skip to content

China’s car sales shrank further in August, NEV sales fell for 2nd straight month

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China’s auto sales fell for a 14th straight month in August and sales of new-energy vehicles (NEVs) posted a 2nd straight monthly decline after the government scaled back government subsidies.

China's auto sales fell 6.9 per cent in August from a year earlier to 1.96 million, according to data released by China Association of Automobile Manufacturers (CAAM) on Wednesday. That accelerated from a 4.3 per cent drop in July but still slower than a . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top