China vehicle sales rebound in June amid price cuts

Higher sales: A man walks past electric cars and tricycles on a sidewalk in Beijing. Total vehicle sales hit 2.17 million in June, up 4.5 from a year earlier. — AFP

BEIJING: China’s vehicle sales rebounded in June, the country’s top industry association said, shaking off weakness seen in the previous two months as carmakers grappled with a rollback in tax incentives that drove strong growth last year.

Total vehicle sales hit 2.17 million in June, up 4.5% from a year earlier, while sales for the first half of the year rose 3.8% to 13.4 million vehicles, the China Association of Automobile Manufacturers (CAAM) said on.