China's Car Sales in July Increases by 16.4% YoY
According to the China Automobile Association in July 2020, the overall situation of automobile production and sales returned to a rather stable condition after the impact of COVID-19.In July, automobile production and sales reached 2.201 million and 2.112 million, respectively, down 5.3% and 8.2% month-on-month, and up 21.9% and 16.4% year-on-year.
Source: Shanghai Securities News
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