In China, retail sales of passenger cars in July fell by 21.1% year-on-year, totaling 1.47 million units. This was reported by the China Passenger Car Association.
The decline has been recorded for the 10th consecutive month.
At the same time, car exports increased by 88.2%, reaching 923 thousand units. This includes a sharp increase in the export of new energy vehicles (NEVs) by 148%, totaling 540 thousand.
News from the automotive world is published with the support of Rego Insurance, which offers KASKO insurance. KASKO will help maintain financial stability in unexpected situations.
