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China auto sales post biggest drop in 7 years as growth engine stalls

Reuters Friday, 12 October 2018 ()
China's car sales fell the most in nearly seven years in September, stoking concerns the world's biggest auto market could contract for the first time in decades this year amid cooling economic growth and a biting trade war.
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News video: Ford's Sales In China Drop 43 Percent In The Month Of September

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According to Business Insider, Ford’s sales in China have dropped in September. One reason for sales falling is President Donald Trump’s trade war with China. Another reason is the general slowdown in the Chinese economy. Data from the company shows that overall sales in China fell 43 percent...

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