China’s beleaguered auto market likely grew last month from a year earlier for the first time in nearly two years
SHANGHAI—, the government-backed China Association of Automobile Manufacturers said Thursday.
Sales reached around 2 million vehicles nationally last month, the association said on WeChat, a social-media platform, citing provisional data. That would be a roughly 1% increase from the 1.98 million vehicles sold in April 2019. Final sales data will be announced next week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Michigan governor to allow state's auto manufacturing plants to reopen next weekMichigan Gov. Gretchen Whitmer will allow the state's auto manufacturing plants, most of which have been shuttered since March due to the coronavirus pandemic, to reopen beginning Monday.
Read more »
Here’s how borrowers are missing out on mortgage, auto payment relief during coronavirusThe coronavirus is wreaking havoc on household balance sheets that were fragile to begin with.
Read more »
Michigan lawmakers lead congressional push to include auto industry in next stimulus bill'The projected economic fallout for the (auto) industry is grave,' reads the bipartisan letter signed by nine lawmakers from Michigan, Ohio, Tennessee, Texas and Alabama, all states with big auto manufacturing plants.
Read more »
Ford's China ventures saw sales growth in April as market reboundsU.S. automaker Ford Motor Co's two ventures in China have reported year-on-year sales growth for April, indicating the world's biggest auto market has started its recovery from coronavirus-induced lows.
Read more »
Carvana shares tumble double digits on first-quarter lossesShares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter.
Read more »
Supermarkets add more plant-based products to meet demand amid possible meat shortagesImpossible Foods has sped up its expansion into both brick-and-mortar Kroger stores and online retail to meet surging demand for fresh meat alternatives.
Read more »