China Auto Sales Fall Again in ‘Golden September’ as Turnaround Hopes Fade

China Auto Sales Fall Again in ‘Golden September’ as Turnaround Hopes Fade
Cars for export wait to be loaded onto cargo vessels at a port in Lianyungang, Jiangsu Province, China on Oct. 14, 2019. Reuters
Reuters
Updated:

BEIJING/SHANGHAI—Auto sales in China fell for a 15th consecutive month in September, data from the country’s biggest auto industry association showed, dampening hopes for a second-half turnaround in the world’s largest auto market.

Total auto sales fell 5.2 percent from the same month a year earlier to 2.27 million vehicles, the China Association of Automobile Manufacturers (CAAM) said on Oct. 14.