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    China auto industry body reports 55% jump in car retail sales in June 13-19

    SHANGHAI, June 22 (Reuters) - Retail car sales in China jumped 55% from June 13 to June 19 compared with the same period in May, data from the China Passenger Car Association (CPCA) showed.

    Sales of passenger vehicles in that period rose to 416,000 units, up 39% from a year earlier, the association said on Wednesday.

    China has taken measures to stimulate purchases, including tax cuts for small-engine cars. The CPCA had estimated June car sales could grow by 10% to 20% from the same month in 2021.

    Source Finance Yahoo