Car Sales in China Rise by 7%

Foreks - The China Association of Automobile Manufacturers (CAAM) reported that vehicle sales in China increased by 7% in October compared to the same period last year. In September, sales had decreased by 1.7% year-on-year.
Sales of new energy vehicles in October rose by 49.6% year-on-year.
From January to October, vehicle sales increased by 2.7% year-on-year, while new energy vehicle sales grew by 33.9%.