China: New car sales in June up 10.9%

Data released by the China Automotive Technology & Research Center (CATRC) show a year-on-year increase of 10.9% in new car sales in China last month to 839,228 units. Bloomberg has attributed this slowdown in the industry's year-on-year sales growth rate to accelerated inflation, which resulted in a reduction in consumers' spending Subscribe to Automotive World … Continued

• By Webmaster
• July 5, 2010