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China’s vehicle sales pick up in September as market revives
Read full article: China’s vehicle sales pick up in September as market revivesBEIJING – China’s vehicle sales including trucks and buses accelerated in September as the industry’s biggest global market recovered from the coronavirus pandemic, an industry group reported Tuesday. Sales rose 17.4% over a year earlier to 2.6 million vehicles, up from August’s 11.6% growth, according to the China Association of Automobile Manufacturers. It said SUV sales set a new monthly record and purchases of other passenger vehicles also rose but gave no details. In the first nine months of the year, sales declined 6.9% from a year earlier to 17.1 million, CAAM said. That hurts global automakers that are looking to China to propel sales growth.