China: Car prices down 1.4% in June

The average price of locally built passenger cars in China continued to fall in June, dropping 1.4% year-on-year, reports Automotive News China, citing the National Development and Reform Commission (NDRC). June’s decline follows a 3.1% drop in May. Imported vehicles have also seen a drop in price, though at more modest Subscribe to Automotive World … Continued

• By Webmaster
• July 19, 2011