China car sales jump 20.9% in June - Breaking The News
Download our appPlay StoreApp Store
Download our appPlay StoreApp Store

China car sales jump 20.9% in June

Economy
Christian Baha / NP

1 min read

EPA-EFE/MARK R. CRISTINO

China Association of Automobile Manufacturers (CAAM) said in a preliminary report on Wednesday that passenger car sales in the country stood at 2.45 million units in June, surging 20.9% year on year.

On a monthly basis, sales soared 34.4% amid the lockdowns introduced to fight the latest COVID-19 spikes in the country.

Since the start of the year, 12 million cars have been sold in China, which is 7.1% less than in the same period in 2021.

dataauto industry
Related News
BYD expected to launch mini EV in Japan in 2026
Chinese electric carmaker BYD is planning to develop an electric minicar exclusively for the Japanese market, Nikkei reported on Monday.According to the report, the company has already completed the design for the vehicle, which is expected to roll out in the second half of 2026.The minicar is projected to cost around 2.5 million yen ($17,700).
Hyundai, Posco agree to cooperate on steel, batteries
South Korean companies Hyundai Motor Group and POSCO Group announced on Monday that they signed a memorandum of understanding (MOU) on cooperation in the fields of steel and battery materials.Under the agreement, Posco will make a equity investment in Hyundai's recently announced Electric Arc Furnace (EAF) integrated steel mill project in Louisiana, United States, which is set to begin operations in 2029."The two organizations will focus on...
Italy's trade surplus at €4.5 billion in February
Italy's trade surplus stood at €4.5 billion in February, up from a deficit of €264 million registered in January, the country's National Institute of Statistics (Istat) revealed in a report on Friday.Month on month, exports jumped 3.5%, while imports increased 1.7%. Exports to the European Union countries were up by 3.7%, and to the non-EU countries by 3.2%. Meanwhile, imports from the EU and non-EU countries grew 2.4% and 0.8%, respectively.There was a trade...
Baker Hughes: US oil rig count up by one to 481
The number of oil rigs in the United States reached 481 in the week ending April 17, rising by one from the previous week, according to the Baker Hughes weekly rig count released on Thursday. The rig count fell by 30 on an annual basis.The country's gas rig count increased by one to 98 in the reported week, dropping by eight from the same period in the previous year. The total number of rigs in the US stood at 585, down by two from the previous week and by...
About
Contact Us

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.