Tag: Chinese car sales

Chinese car sales have fallen amid a shortage of car shavings

Chinese car sales have fallen amid a shortage of car shavings

China is experiencing a decline in car sales, as demand for semiconductors and commodity prices have continued to rise, narrowing the country’s economic recovery and weighing on world trade. Passenger car sales fell 5.1 percent in June from a year...

After a 13-month hike, Chinese car sales fell in May

After a 13-month hike, Chinese car sales fell in May

China’s auto sales stumbled sharply in May, with sales down 3%, according to industry data released by Reuters. This is the first month in a year that car sales fell in the country with the largest car market in the world. According to data from the...