China vehicle sales fall 8.2% in 2019: industry association

FILE PHOTO: Robotic arms are seen on a vehicle production line at a production base of Great Wall Motors in Yongchuan, Chongqing, China October 22, 2019. Picture taken October 22, 2019. China Daily via REUTERS

SHANGHAI - Auto sales in China fell 8.2% in 2019, data from the country’s biggest auto industry association showed on Monday. Total auto sales in the world’s biggest auto market fell 0.1% in December from the same month a year earlier, the China Association of Automobile Manufacturers said.Reporting by Beijing Newsroom; Editing by Kim Coghill

Many families have bought their first car in the last 5 years. That may be the reason.

يارب تتمتع خالص. هشّه جدا. وسائل أمان تحت الصفر. ثبات القياده فيها = مراجيح. الكراسي = اسوأ من كراسي الفصل ايام الدراسه

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China Auto Sales Slid 8.2% Last YearAuto sales in China were down 8.2% in 2019 from a year earlier, after a 2.8% fall in 2018—a second consecutive drop in the world’s largest auto market, once a reliable source of growth and profit. 👍🏼 Yeah but the Electric Vehicle Market in China is skyrocketing otherwise Musk could not outpace Ford and GM combined as the WSJ is well aware. 𝐇𝐚𝐬 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐌𝐨𝐯𝐞𝐝 𝐎𝐧 𝐅𝐫𝐨𝐦 𝐓𝐫𝐮𝐦𝐩?
Source: WSJ - 🏆 98. / 63 Read more »