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China auto sales fall in October, deepening slump

2 monthes ago   |   By National Post

BEIJING - China's auto sales sank for a fourth month in October as an unexpectedly painful slump in the global industry's biggest market deepened.
Purchases of SUVs, sedans and minivans contracted 13 per cent from a year earlier to just over 2 million units, the China Association of Auto Manufacturers reported Friday.
Auto demand had been forecast to weaken after Beijing clamped down on bank lending late last year to cool a debt boom. But the slump is sharper than expected, prompting expectations regulators might try to prop up sales with tax cuts or other incentives.
The downturn comes at...
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China auto sales fall in October for 4th month

2 monthes ago   |   By ABC News

China's auto sales sink in October for 4th month, falling 13 percent from a year ago
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China auto sales fall in October for 4th month

2 monthes ago   |   By Miami Herald

China's auto sales sank for a fourth month in October, tumbling 13 percent from a year earlier, an industry group reported Friday, adding to an unexpectedly painful downturn for global...
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