China vehicle sales tumble amid Covid-19, semiconductor shortage

[Business Standard] China vehicle sales tumble amid Covid-19, semiconductor shortage China’s vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors Topics [Auto sales](/topic/auto-sales) | [China economic growth](/topic/china-economic-growth) | [semiconductor industry](/topic/semiconductor-industry) https://mybs.in/2Zged5S ALSO READ [Financiers buy into India’s used car business amid uptick in demand] [Used car market sees a continued interest from buyers amid Covid-19] [Tesla launches cheaper Model Y in China; China-made car sales muted in June] [Leading automakers in India take digital route to push sales…