本期嘉宾:封士明,明华有道咨询总监,汽车行业专家
China auto sales down in May for 2nd consecutive month
China&`&s automobile market contracted in May as sales declined for the second consecutive month by around 4.6 percent month on month to 1.9 million units.
On a yearly basis, sales volume also edged down 0.4 percent.
Meanwhile, auto output stood at 1.96 million units in May, down nearly 5.6 percent from April.
The country&`&s auto market began to contract since last month, as sales declined 11 percent month on month and output reduced almost 9 percent from March.
For more on this, we are now joined on the line by Simon Feng, executive director of Menutor Consulting co., ltd based in Shanghai.