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China car sales set to rise 0.9 per cent in April, ending almost two years of declines, industry body predicts

Summary:
[unable to retrieve full-text content]Car sales in China likely rose in April from a year earlier, its top industry body said on Thursday, ending almost two years of declines and signalling that the world’s biggest market is recovering from the coronavirus shock.April’s sales of 2 million units likely pushed sales up 0.9 per cent from a year earlier, and 39.8 per cent from March, the China Association of Automobile Manufacturers (CAAM) said in a post on its official WeChat account.It added its forecast was based on sales data it…

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[unable to retrieve full-text content]
Car sales in China likely rose in April from a year earlier, its top industry body said on Thursday, ending almost two years of declines and signalling that the world’s biggest market is recovering from the coronavirus shock.April’s sales of 2 million units likely pushed sales up 0.9 per cent from a year earlier, and 39.8 per cent from March, the China Association of Automobile Manufacturers (CAAM) said in a post on its official WeChat account.It added its forecast was based on sales data it…
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