China’s vehicle retail sales decline in first week of June

Thursday, 11 June 2020 12:25:53 (GMT+3)   |   Istanbul

Automotive vehicle retail sales in China in the first week of June amounted to 25,700 units, decreasing by 10 percent year on year, while seeing a decline of 20 percent compared to the first week of May and indicating a sharp decline compared to 100,140 units recorded in the fourth week of May.

The automotive vehicle retail sales in the first week of June saw a downward correction following the sharp rise in the last week of May amid the automakers’ speed-up in sales by the end of month. 

AnastasiaKononenko
Anastasia Kononenko
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I hold a Bachelor's degree in Journalism and Economics from Oles Honchar National University in Ukraine. I have 15 years of experience in the steel media industry, including the past seven years at SteelOrbis, where I lead the Market Intelligence team responsible for coordinating coverage of Asian steel and raw material markets. My areas of expertise also include global markets for billet, slabs, pig iron and HBI, with a focus on market analysis and industry trends.

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