China’s car sales extended a downturn in May that has become a stress test for foreign automakers led by Volkswagen , which is trying to revive its China business through locally developed electric vehicles.
Sales dropped 22.3% from a year earlier to 1.53 million vehicles last month, marking an eighth consecutive month of decline, data from the China Passenger Car Association (CPCA) showed on Monday.
Sign up here.
Full-year car sales were forecast to fa… [2728 chars]
Source: Reuters | Published: 2026-06-08T08:43:14Z
Credit: Reuters
