BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery made consumers more cautious about big-ticket spending.
Car sales in June totalled 1.91 million units, down 2.9% from last year, the CPCA data showed. However, sales advanced 2.5% to 9.65 million units in the first half of the year.
Meanwhile, sales of new energy vehicles (NEVs), including pure battery…
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