BEIJING—Chinese passenger-vehicle sales dropped for a second consecutive year in 2019, as a prolonged downturn in the world’s largest auto market weighed on car makers.
A total of 20.7 million passenger vehicles were sold in the country last year, down 7.4% from the previous year, according to retail data released Thursday by the China Passenger Car Association, a trade organization made up of large foreign and domestic car makers and dealers. The annual pace of decline accelerated from 2018, when sales fell 5.8% from a year...
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January 09, 2020 at 03:29PM
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China’s Auto-Sales Slump Extends Into Another Year - Wall Street Journal
"sales" - Google News
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