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China car sales growth weakens in June amid trade battle

2018-07-11 12:58

China's car sales decelerated in June, adding to economic worries for Beijing amid a worsening trade battle with Washington.

An industry group, the China Association of Automobile Manufacturers, said Wednesday (July 11) sales of SUVs, sedans and minivans rose 2.3% in the most populous auto market, down from May's 7.9%.

READ: Chinese car factory in SA - 'Nothing stops BAIC from piloting autonomous vehicles in PE'

Weakness in auto sales comes as China's economic growth cools after the government tightened controls on bank lending to curb surging debt.

Read more on:    united states  |  china  |  industry news  |  car sales

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