competitive market contracted

BEIJING | China auto sales fall in October for 4th month

BEIJING  — China’s auto sales sank for a fourth month in October, tumbling 13 percent from a year earlier, an industry group reported Friday, adding to an unexpectedly painful downturn for global automakers in their biggest market. Sales of SUVs, sedans and minivans in the crowded, competitive market contracted to just over 2 million units, … Continue reading BEIJING | China auto sales fall in October for 4th month