New-car sales will drop 4.8% in July, trade group predicts

New-car sales will drop 4.8% in July, trade group predicts https://ift.tt/8LF2teA

Retail sales of new sedans, crossovers, SUVs and multi-purpose vehicles industrywide will shrink 4.8 percent to 1.73 million in July, the China Automobile Dealers Association predicted on Wednesday.