✉news BusinessRetail first seen 10 h ago, last 1 h ago, peak #1
China Passenger Vehicle Retail Sales Fall 24% in September
Original: China Passenger Vehicle Retail Sales Drop 24% in September
Retail sales of passenger vehicles in China dropped 24% in September compared with the same month last year, according to industry figures reported by Bloomberg. The sharp decline highlights weakening consumer demand in the world's largest car market, raising concerns for automakers and suppliers already dealing with intense price competition and a sluggish economy.
Why now: The steep drop signals worsening demand in the world's largest auto market, affecting global carmakers and suppliers.
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 1 h ago.
Evidence
- China Passenger Vehicle Retail Sales Drop 24% in September · Bloomberg.com
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