China auto sales up 14.5% in May, recovering after pandemic

Filed under: Earnings/Financials,Ford

China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic. The China Association of Automobile Manufacturers said Thursday that sales of passenger cars jumped 7% from a year earlier to 1.67 million, an improvement over April’s 2.6% contraction. Passenger vehicle sales tumbled 27.4% from a year earlier to 6.1 million in January-May, the CAAM said.

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China auto sales up 14.5% in May, recovering after pandemic originally appeared on Autoblog on Thu, 11 Jun 2020 08:37:00 EDT. Please see our terms for use of feeds.

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