Press "Enter" to skip to content

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

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 . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly updates on China's financial markets - stocks, bonds, the yuan and commodities
  • Interviews and discussions on topics you should never miss!

 

Already have an account? Sign In

Top