Chinese auto sales drop 6.7% in June amid ‘uneven recovery,’ WSJ says

China’s sales of passenger cars fell 6.7% in June year-over-year, amid an “uneven recovery and subdued consumer demand,” Jiahui Huang wrote for the Wall Street Journal. “Retail sales of passenger cars dropped to 1.77M units in June, “but rose 3.2% from May,” noted the WSJ story, citing data from the China Passenger Car Association…Companies in the space include BYD (BYDDF), Volkswagen (VWAGY) Toyota (TM), Nissan (NSANY), Nio (NIO) and Geely Automobile (GELYF).