Saturday, April 20, 2024

Auto Industry Cautious as China Starts 2020 With Forecast of a 2% Sales Decline

BEIJING/SHANGHAI—Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the country’s top auto body said on Jan. 13, as it reiterated predictions that sales will likely shrink for the third consecutive year in 2020. The China Association of Automobile Manufacturers (CAAM) expects a […]

The post Auto Industry Cautious as China Starts 2020 With Forecast of a 2% Sales Decline appeared first on Thailand – China.

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