China Car Discounts Help Prop Up Sales Amid Stock Market Rout

Updated on
  • Sedan sales slump 13% while SUV deliveries surge 55%
  • Passenger vehicle sales are up 6.3% in first eight months

China auto sales barely rose last month after declining in June and July, as discounts and other incentive offers helped prop up sales after a steep rout in Chinese stocks rattled consumer confidence.

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