China car exports hold up in August while domestic sales slide
China’s car exports stayed strong in August, with BYD shipping a record overseas volume, even as the domestic market deteriorated and sales fell for the 11th month in a row. Passenger exports rose 77.5% year over year.
China’s car exports remained strong in August, though the pace eased, as automakers led by BYD SZSE:002594 shipped a record number of vehicles overseas. That contrasted with a weak domestic market, where passenger vehicle sales fell for the 11th consecutive month. 5% from a…