China's December car sales post biggest fall in nearly 2 years
China's December car sales post biggest fall in nearly 2 yearsBEIJING, Jan 9 - China's car sales fell at the fastest clip in nearly two years in December, as most automakers scrambled to hit their year-end sales targets amid cutthroat competition in the world's largest market. Sales dropped 14.5% from a year earlier to 2.28 million units last month, worsening from an 8.5% fall in November and the biggest fall since February 2024, data from the China Passenger Car Association showed on Friday.For the full year, car sales were up 3.9%, slowing from a growth of 5.3% in 2024 and the slowest in three years.