China's auto output, sales decline in July amid CRC production cut, low demand

摘要

China's car production and sales posted sharp monthly decline and slight yearly drop in July, according to the China Association of Automobile Manufacturers (CAAM).The country produced 2.04 million units of vehicles in July, down 10.78% from a month ago and down 0.66% from the same period last year, the association said on Friday.