China’s auto sales dropped in January mainly because of Coronavirus

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China’s auto sales dropped in January, deepening a significant downturn in the industry’s biggest auto market and adding to economic pressures as the country battles Coronavirus, a virus outbreak. Sales of SUVs, sedans, and minivans dropped 20.2% from a year earlier to 1.6 million, the China Association of Automobile Manufacturers (CAAM), reported Thursday. “Enterprises are […]