China’s June passenger car sales are expected to drop 5.9% in June from the same month last year, when deliveries jumped as Shanghai emerged from a punishing Covid lockdown.
The Passenger Car Association said Sunday that retail sales will total about 1.83 million units, compared with 1.94 million in June 2022. While that’s higher than full-year sales in countries such as the UK and Canada, demand in the world’s biggest automotive market remains far below its pre-pandemic…
Comments are closed