CAAM: China's auto sales in June gain 4.8% YoY

Sales and production of automobiles in China both posted on-year growth in June, according to the latest data released by the China Association of Automobile Manufacturers (CAAM) on July 11.

The country's automobile sales in June gained 4.8% from the same month last year to reach 2.62 million units, while production rose 2.5% on year to 2.56 million units, CAAM's data showed. Over January-June, China's total vehicle sales gained by 9.8% on year to 13.24 million units, while the cumulative