China auto sales rise for fourth straight month – MarketWatch
BEIJING–China’s auto market grew for a fourth straight month, driven by strong stimulus from the government and a robust recovery in demand for commercial vehicles.Sales in China rose 16.4% in July compared with a year earlier to 2.11 million vehicles, the government-backed China Association of Automobile Manufacturers said Tuesday.Since May, the world’s largest auto market has been recording year-over-year sales growth in the low double-digit percentages, as Beijing eases restrictions and offe…
