China’s Auto Market Rumbles Back to Growth

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

China’s beleaguered auto market likely grew last month from a year earlier for the first time in nearly two years

SHANGHAI—, the government-backed China Association of Automobile Manufacturers said Thursday.

Sales reached around 2 million vehicles nationally last month, the association said on WeChat, a social-media platform, citing provisional data. That would be a roughly 1% increase from the 1.98 million vehicles sold in April 2019. Final sales data will be announced next week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Кто с этим согласен?

Likely story

Corona effect

Tandis que d'autres économies connaissent la chute

Are these MORE RELIABLE number than for the COVID-19, I somehow doubt it. Unicorns are real you know...

Well, China automaker BYD did just get a BILLION dollar cash infusion from California. ...

...when you kill a billion people and have 5 billion more to sell to, then that makes sense!! 🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Michigan lawmakers lead congressional push to include auto industry in next stimulus bill'The projected economic fallout for the (auto) industry is grave,' reads the bipartisan letter signed by nine lawmakers from Michigan, Ohio, Tennessee, Texas and Alabama, all states with big auto manufacturing plants. Ptl
Source: CNBC - 🏆 12. / 72 Read more »

Ford's China ventures saw sales growth in April as market reboundsU.S. automaker Ford Motor Co's two ventures in China have reported year-on-year sales growth for April, indicating the world's biggest auto market has started its recovery from coronavirus-induced lows. First sign of growth! Proof the market not the economy F... China
Source: Reuters - 🏆 2. / 97 Read more »