BEIJING: China’s domestic passenger vehicle sales are projected to fall below 19 million units this year, for the first time since 2014, a Chinese auto association said on Wednesday, highlighting weakening demand in the world’s largest auto market.
In contrast, vehicle exports remain robust, with full-year shipments expected to exceed 11 million units, the China Association of Automobile Manufacturers said.
Overall vehicle sales, including commercial vehicles, fell 9.2 per cent in October from a year earlier, widening from a decline of 8.4 per cent in September, the association said.