China July auto sales surge 16.4%, fourth month of gains – Reuters

BEIJING (Reuters) – China’s auto sales in July climbed 16.4% from a year earlier, the fourth consecutive month of gains as the world’s biggest vehicle market comes off lows hit during the country’s coronavirus lockdown. Sales rose to 2.11 million vehicles, according to data from the China Association of Automobile Manufacturers. For the year to date, sales were down 12.7% to 12.37 million vehicles.

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