Sales in China see first rise in 22 months, though still 'short of expectations'

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Earnings/Financials,Car Buying
China’s monthly auto sales rose for the first time in almost two years as the country eased virus-related curbs and reopened for business, but the annual number will likely be slashed by up to 25% if the pandemic continues, an industry body cautioned. The sales data for April and the gloomy outlook underline the challenges being faced by the world’s biggest auto market as it struggles to emerge from a prolonged slump in demand, which was first exacerbated by the trade war with the United StatesContinue reading Sales in China see first rise in 22 months, though still ‘short of expectations’
Sales in China see first rise in 22 months, though still ‘short of expectations’ originally appeared on Autoblog on Mon, 11 May 2020 09:40:00 EDT. Please see our terms for use of feeds.
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