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China’s 2022 auto sales rise 9.5% but growth weakening

FILE - Visitors attend the Shanghai Auto Show in Shanghai on Wednesday, April 21, 2021. China’s auto sales rose 9.5% in 2022 as electric vehicle purchases nearly doubled, but demand in the global industry’s biggest market slumped in December, foreshadowing weaker growth this year, a trade group reported Thursday, Jan. 12, 2023. (AP Photo/Ng Han Guan, File) FILE - A visitor inspects the Infiniti QX55 during the Shanghai Auto Show in Shanghai on Wednesday, April 21, 2021. China’s auto sales rose 9.5% in 2022 as electric vehicle purchases nearly doubled, but demand in the global industry’s biggest market slumped in December, foreshadowing weaker growth this year, a trade group reported Thursday, Jan. 12, 2023. (AP Photo/Ng Han Guan, File)
China’s 2022 auto sales rise 9.5% but growth weakening