China Auto Sales Driven by Demand for Small-Mid size SUVs
China’s passenger-vehicle sales accelerated the most in 17 months, as General Motors Co. and Guangzhou Automobile Group Co. boosted deliveries and dealers offering discounts helped clear inventories in the world’s biggest auto market. Deliveries for GM increased 18 percent to 270,529 units in July, while Ford Motor Co.’s rose 15 percent to 88,189 vehicles. Toyota Motor Corp.’s sales gained 5.7 percent
Read more