14-01-2019 08:29 via news.yahoo.com

China car sales hit reverse for first time since 1990s

BEIJING/SHANGHAI (Reuters) - Car makers in China will face more fierce competition this year, after a tough 2018 when the world's biggest auto market contracted for the first time in more than two decades, the country's top auto industry association said on Monday.Companies such as homegrown Geelyand Britain's biggest automaker Jaguar Land Rover have already in recent days flagged caution about China sales in 2019, hit also by Beijing's trade war with the United States.China car sales fell 13 pe
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