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China’s coronavirus recovery continues as car sales rise for seventh straight month in October

Summary:
[unable to retrieve full-text content]Vehicle sales in China rose 12.5 per cent in October from the same month a year earlier, the seventh straight monthly rise as the world’s biggest vehicle market leads the global industry in recovering from lows hit during the coronavirus pandemic.Sales reached 2.57 million vehicles last month, data from the China Association of Automobile Manufacturers (CAAM) showed.Sales of new energy vehicles (NEVs) surged 105 per cent to 160,000, their fourth consecutive month of gain. NEVs include battery…

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[unable to retrieve full-text content]
Vehicle sales in China rose 12.5 per cent in October from the same month a year earlier, the seventh straight monthly rise as the world’s biggest vehicle market leads the global industry in recovering from lows hit during the coronavirus pandemic.Sales reached 2.57 million vehicles last month, data from the China Association of Automobile Manufacturers (CAAM) showed.Sales of new energy vehicles (NEVs) surged 105 per cent to 160,000, their fourth consecutive month of gain. NEVs include battery…
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