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China’s second-half car sales defy global slump with 8 per cent gain, as buyers return to showrooms in world’s largest vehicle market

Summary:
[unable to retrieve full-text content]China’s car sales increased during the six months ended in December, as customers returned to showrooms amid a tentative recovery in consumer sentiment in the first major economy to emerge from the coronavirus lockdown.Sales of passenger vehicles – cars, sports-utility vehicles (SUVs) and minivans, excluding commercial trucks and buses – rose 8 per cent to 11.75 million units in the six-month period, compared with the interim a year earlier. Annual sales volume fell for the third straight year…

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[unable to retrieve full-text content]
China’s car sales increased during the six months ended in December, as customers returned to showrooms amid a tentative recovery in consumer sentiment in the first major economy to emerge from the coronavirus lockdown.Sales of passenger vehicles – cars, sports-utility vehicles (SUVs) and minivans, excluding commercial trucks and buses – rose 8 per cent to 11.75 million units in the six-month period, compared with the interim a year earlier. Annual sales volume fell for the third straight year…

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