Date: 6 months ago   Category: Auto

In China for the first time in 20 years car sales decreased


In 2018 the number of the sold cars in China reached 22.7 million that is 6% less in comparison with previous year. In China for the first time in 20 years annual car sales decreased. It on Wednesday, January 9, BBC reports. "For the first time in 20 years annual car sales fell in China which is the largest market of cars", - it is said in the statement. According to figures of the Chinese association of cars, in 2018 the number of the sold units reached 22.7 million that is 6% less in comparison with previous year. As it is reported, for the last several months foreign car makers in China, such as Ford, Volkswagen, Jaguar Land Rover and General Motors already announced drop in sales of cars. Besides, in the Chinese association of car makers hinted that drop in sales happened because of economic slowdown and "the international reasons", meaning trade war between Beijing and Washington. At the same time in association do not expect changes at car market in 2019. However, because of increase in demand for electric cars, nevertheless are sure of association that the second drop in sales of a car in a row will not be. Earlier in Beijing the negotiations of China continuing since January 7 and the USA on trade contradictions between the countries were completed. Also it was reported that the volume of release of motor transport in Ukraine in December, 2018 was 266 units that is 3.5 times less in comparison with December result of 2017. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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