Auto sales in China fell for a 16th consecutive month in October, with the numbe...
FILE PHOTO: A carrier trailer transports newly manufactured cars at a port in Dalian, Liaoning province, China May 21, 2019. REUTERS/Stringer/File Photo
Total auto sales in the world’s biggest auto market fell 4% from the same month a year earlier, the China Association of Automobile Manufacturers said on Monday. Sales of NEVs fell 45.6% in October, CAAM said, following a 33% decline in September. NEV sales jumped almost 62% last year even as the broader auto market contracted.
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