China’s auto sales hit over 2 million in May
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Update time : 2020-06-23 16:27:30
According to the statistic from China, the total sales and production of automobiles in China this May were both around 2.19 million units, increased by almost 6%, and 4% month on month respectively, which was the second consecutive increasing month.
The main reason for the rebound was not only benefited by the stimulating policy from the Chinese government but also the easing situation of Covid-19 in domestic.
For the future, the market believed the sales were kept stable in the next few months and would grow more in 2021.
