July 11, 2017 / 6:17 AM / a year ago

China June vehicle sales +4.5 pct y/y - industry association

BEIJING, July 11 (Reuters) - China’s overall vehicles sales grew 4.5 percent in June from a year earlier to 2.17 million vehicles, shaking off the weakness seen in the previous two months, the China Association of Automobile Manufacturers (CAAM) said on Tuesday.

In April and May, overall vehicle sales volume in the world’s biggest automobile market fell 2.2 percent and 0.1 percent, respectively.

In the first half of the year, sales grew 3.8 percent from the same period last year to 13.4 million vehicles, the association said at a briefing in Beijing.

In January, CAAM predicted sales would rise 5 percent this year, slowing from 13.7 percent in 2016, citing the rollback of a tax incentive for small-engine cars and economic pressures. (Reporting By Cheng Fang and Norihiko Shirouzu in Beijing; Editing by Himani Sarkar)

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