Chinese auto exports surge, partly offsetting a sales slump at home

Chinese auto exports surge, partly offsetting a sales slump at home

a week ago
Anonymous $genLyrxdTY

https://apnews.com/article/china-autos-economy-ev-b87c01d6bc7f39f0429ca33452e1a5b4

BEIJING (AP) — Chinese auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home, an industry association said Wednesday.

Sales in China dropped 7.4% compared to a year earlier to 1.8 million cars, while exports rose 29% to 400,000 units, the China Association of Automobile Manufacturers said in a monthly report.