China’s car sales tumbled for a second year in a row as the slowing economy and the nation’s trade disputes with the US took a toll on consumer sentiment.
It means the slump in the world’s biggest car market is entering its third year after reversing for the first time in 2018 since 1990.
The drop in sales was 8.2 per cent to 25.8m vehicles in 2019. This followed a 2.8 per cent fall to 28.1m in 2018 compared with the previous year, according to the China Association of Automobile Manufacturers.
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