RTR: China auto sales growth seen for second straight month, boosting recovery hopes

June 2, 2020 LoadstarEditorial

REUTERS reports:
China’s vehicle sales are estimated to rise 11.7% on year in May, its top auto industry body said on Tuesday, cementing hopes of a recovery in the world’s biggest auto market with the first back to back monthly sales increase in about two years.
The China Association of Automobile Manufacturers (CAAM), in a post on its official WeChat account, said vehicle sales were estimated to rise to 2.14 million in ...

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