Press & Media


Visitor Exhibitor Media
China's auto market maintains recovery momentum in June

2020-07-17    Author:Xinhua   Source:   Views:296    

vehicles, China auto market, Fastener Expo Shanghai, International Fastener Show China

New vehicles are ready to be delivered to distributors at an automobile port in Dalian, Liaoning province, on March 26, 2020. [Photo/Xinhua]

China's auto market maintained recovery momentum last month, with both production and sales registering double-digit growth, industry data showed on July 10.

Total output reached 2.33 million units in June, up 22.5 percent year on year, while sales hit 2.3 million units, up 11.6 percent, according to the China Association of Automobile Manufacturers.

The month-on-month growth of output and sales stood at 6.3 percent and 4.8 percent, respectively, sustaining a warming-up momentum.

During the first half of the year, China's auto production and sales stood at 10.11 million units and 10.26 million units, down 16.8 percent and 16.9 percent year on year, respectively.

The association said the figures came in better than expected as measures to boost car consumption continued to prop up the market.

Previous article:Europe's shift to electric vehicles picking up despite recession

Next article:The value of modern distribution


Visitor Exhibitor Media


Shanghai Afastener Exhibition Co., Ltd.

Tel:+86 (0)20 8985 1867