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China car sales rebound accelerated in August as coronavirus pressures eased

Summary:
[unable to retrieve full-text content]China’s car sales increased for a second straight month in August, raising optimism that a two-year slump in the world’s biggest market is nearing an end.Retail sales of sedans, SUVs, minivans and multipurpose vehicles increased 8.8 per cent last month from a year earlier to 1.73 million units, the China Passenger Car Association said on Tuesday. That followed a 7.9 per cent gain in July.Showrooms and shopping centres have reopened as the coronavirus pandemic eases in China, a boon for everyone…

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[unable to retrieve full-text content]
China’s car sales increased for a second straight month in August, raising optimism that a two-year slump in the world’s biggest market is nearing an end.Retail sales of sedans, SUVs, minivans and multipurpose vehicles increased 8.8 per cent last month from a year earlier to 1.73 million units, the China Passenger Car Association said on Tuesday. That followed a 7.9 per cent gain in July.Showrooms and shopping centres have reopened as the coronavirus pandemic eases in China, a boon for everyone…

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