- China auto sales expected to drop by 2% in 2020 - industry association
Market news
12 December 2019
China auto sales expected to drop by 2% in 2020 - industry association
China's auto market, the world's biggest, is likely to register a 2% decline in sales next year as pressures from the slowing economy and U.S.-China trade tensions continue, the country's top auto industry body said.
The China Association of Automobile Manufacturers (CAAM) expects sales to slide to about 25.31 million vehicles in 2020, it said at a conference on Thursday.
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