New-car market shrinks for third straight month in June

New-car market in China sees third consecutive monthly decline as retail sales drop 8% in June 📉 #AutoIndustry #ChinaAutomotive

Retail sales of new sedans, crossovers, SUVs and multipurpose vehicles in June dropped 8 percent to below 1.76 million, the China Automobile Dealers Association said, drawing on a preliminary tally.

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