China's auto sales rebound for second straight month in May

BEIJING (China Daily/ANN): Vehicle sales in May soared 14.5 per cent year-on-year in China as customer confidence was boosted by the country's ability to mitigate the coronavirus pandemic, according to the country's leading automotive industry association.  A total of 2.19 million vehicles were sold last month, following sales growth first spotted in April, according to statistics from the China Association of Automobile Manufacturers.  Of them, 1.67 million were passenger vehicles, up 7 per cent from the same month last year.  It marked the first rise in the sector almost in a year, evidence that the market is recovering from the pandemic that almost devastated the sector in the past several months and still rages in other parts of the world.  Carmakers are revving up production as well. The 2.19 million vehicles made in May represented an increase of 18.2 per cent from the same month last year.  The CAAM said that the 23 carmakers' 204 plants across the country had resumed ope ...

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