Global EditionASIA 中文双语Français
Business
Home / Business / Motoring

China carmaker Changan sees narrowed sales decline in July

Xinhua | Updated: 2019-08-15 11:07
The Changan CS55 on show at an auto expo in Changzhou, Jiangsu province. [Photo provided to China Daily]

SHENZHEN - Chinese automaker Chongqing Changan Automobile Co Ltd received a slight respite in July with a narrowed sales decline.

Its auto sales totaled 119,592 units last month, down 7.1 percent year-on-year, the automaker said in a filing to the Shenzhen Stock Exchange. In June, its sales declined 24.8 percent.

In the January-July period, Changan sold a total of 944,800 vehicles, down 29.3 percent year-on-year. The decline also narrowed from 31.7 percent in the first half of the year.

The figures include sales by Changan's plant in Chongqing and its joint ventures, including Changan Ford and Changan Mazda, as well as Changan's subsidiaries.

China, the world's largest auto market, saw car sales drop for the first time in over two decades in 2018 and the weak market has continued in 2019.

Car sales in China dropped in July, with 1.808 million vehicles sold, down 4.3 percent year-on-year, the China Association of Automobile Manufacturers (CAAM) said Monday.

The decline narrowed 5.3 percentage points from June, said Chen Shihua, an assistant to the secretary-general of the CAAM.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US