China’s auto sales rose 8.8% over a year earlier in the first half of 2023 as electric vehicle purchases surged, but growth is fading as an economic rebound following the end of anti-virus controls cools, an industry group reported Tuesday.
Sales of SUVs, sedans and minivans rose to 11.3 million, decelerating from 2022's 9.5% growth, according to the China Association of Automobile Manufacturers. Total vehicle sales including trucks and buses rose 9.8% to 13.2 million.
