China automobile sales keep shrinking, intensifying automakers' woes

China’s automobile deliveries continued to shrink last month, extending the market’s historic decline.
 

Sales of sedans, sport utility vehicles, minivans and multipurpose vehicles in July fell 3.9 per cent from a year earlier to 1.53 million units, the China Association of Automobile Manufacturers said Monday. That is the 13th consecutive monthly decline.
 

The first car slump in a generation is showing no signs of easing as the Chinese economy faces a slowdown and stricter emissions rules and the trade war weigh on demand. Carmakers that relied on the world’s largest auto market for growth for decades, pouring billions of dollars