Car sales in China down dramatically as coronavirus disrupts production & supply ...United Arab Emirates

Russia Today - Economy
Car sales in China down dramatically as coronavirus disrupts production & supply
source : Russia Today ( United Arab Emirates ) () 95
The world’s largest auto market, China, has suffered its biggest monthly drop in passenger car sales as the country battles with the coronavirus outbreak, which has disrupted production and supply chains. New auto sales fell by 80 percent year-on-year in February, according to preliminary data published by the China Passenger Car Association (CPCA) and cited by media. Although the organization didn’t reveal the exact number of vehicles sold across the country, it expects that February’s could be the steepest drop of this year. Also on rt.com Global carmakers lose nearly $6 m

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