China auto sales down 2.31pc in June
China's auto sales fell year-on-year in June, an industry group said Friday, as a slowing economy and rollercoaster stocks hit demand in the world's largest car market.
Vehicle sales in China declined 2.31 percent last month to 1.80 million units, the China Association of Automobile Manufacturers (CAAM) said.
Passenger car sales alone decreased a sharper 3.36 percent to 1.51 million, according to the group.
Stock market volatility, downside pressures on the economy, and car plate restrictions in some cities were all factors in the declines, the CAAM said.
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