Market News

    China car sales up 54% in the week of June 6 vs month earlier -CPCA

    SHANGHAI: Retail car sales in China jumped 54 per cent from June 6 to June 12 compared to the same period in May, data from the China Passenger Car Association (CPCA) showed.

    The association said on Wednesday that period increased sales of passenger vehicles to 349,000 units, up 25 per cent from a year earlier.

    CPCA has estimated June car sales could grow by 10 per cent to 20 per cent from the same month in 2021.

    Source Channel News Asia