China's auto sales face more bumps ahead, industry body warns, after latest slump

BEIJING/SHANGHAI (Reuters) - China's auto sales could experience negative to low growth over the next three years, an official with the country's top industry association said, after sales fell for a 14th consecutive month in August. The number of new energy vehicles (NEVs) sold contracted for the second month in a row, data from the China Association of Automobile Manufacturers (CAAM) showed. Total auto sales fell 6.9% from the same month a year earlier to 1.96 million, CAAM said on..