BEIJING/MUMBAI -- China and India, the world's largest and fourth largest auto markets, both suffered double-digit drops in sales during the previous quarter ended June, putting global sales on track to shrink for the second consecutive year.
Business trends
China and India hit by double-digit sales skid amid global auto slump
Major Asian markets reel from US trade war and domestic credit tightening
The Chinese auto market is on track to record its second consecutive annual decline. © Reuters
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