China's July vehicle sales jump 30%, industry body says

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China's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives.

But sales for the first seven months were still 2% lower than the corresponding 2021 period, data from the China Association of Automobile Manufacturers showed on Thursday.

July sales were 3.3% lower than June, as heat waves nationwide slowed the pace of factory production and reduced customer visits to showrooms. The industry was hit hard by efforts to combat COVID-19 earlier in the year, with month of stringent lockdowns in the major manufacturing hubs of Shanghai and Changchun.

 

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