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China’s Vehicle Sales Rise for Fourth Month With Outbreak Easing
- July sales rise 14.9% from a year ago amid incentives
- Sales so far this year trail last year by 12.7%: CAAM
Customers browse vehicles for sale at a showroom in Beijing in June.
Photographer: Noel Celis/AFP via Getty Images
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Vehicle sales advanced for a fourth straight month in China, with an easing in the coronavirus pandemic allowing buyers to gradually return to showrooms.
Sales of passenger cars such as sedans and SUVs, as well as commercial vehicles, increased 14.9% in July from a year earlier to 2.08 million units, the China Association of Automobile Manufacturers said in a statement, citing preliminary figures. From January to July, vehicle sales declined by 12.7% to 12.3 million units. CAAM didn’t break out numbers for passenger cars or other vehicle types.