China's Car Sales Fall in June for Third Month Running

July 08, 2024, 04.44 PM | Source: Reuters
China's Car Sales Fall in June for Third Month Running

ILUSTRASI. A large number of commercial vehicles are being readied for export via ro-ro ships at Yantai Port in Yantai, Shandong province, China.

AUTOMOTIVE - BEIJING. China's car sales fell 6.9% in June from a year earlier, dropping for a third straight month as government incentives failed to spur consumer demand in a sputtering economic recovery.

Passenger vehicle sales totalled 1.78 million, with the pace of decline picking up from a 2.2% drop in May and a 5.8% fall in April, China Passenger Car Association (CPCA) data showed on Monday.

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