China May car sales rise 16 pct yr/yr

Car sales in China, the world’s
second-largest vehicle market, rose 15.59 percent in May from a
year earlier to 564,600 units, the country’s official industry
association said on Tuesday. Vehicle sales, including cars, buses and trucks, rose 17.04
percent to 835,500 units in May, according to official data from
the China Association of Automobile Manufacturers.
Reuters