China auto sales decline in July

China's auto sales fell in July for the fourth straight month, an industry group said Tuesday, as economic growth slows in the world's largest car market. Vehicle sales in the country totalled 1.50 million units last month, down seven percent from 1.62 million a year earlier, according to figures provided by the China Association of Automobile Manufacturers (CAAM). It was the fourth consecutive month in which sales had decreased and the fall was the sharpest of the period, CAAM data sh