China car sales up 54% in the week of June 6 vs month earlier -CPCA

SHANGHAI (Reuters) – Retail car sales in China jumped 54% during June 6 to June 12 compared to the same period in May, data from the China Passenger Car Association (CPCA) showed.

Sales of passenger vehicles in that period increased to 349,000 units, up 25% from a year earlier, the association said on Wednesday.

CPCA has estimated June car sales could grow by 10% to 20% from the same month in 2021.

(Reporting by Zhang Yan, Brenda Goh; editing by Jason Neely)

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