China’s Auto-Sales Slump Extends Into Another Year

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China’s Auto-Sales Slump Extends Into Another Year
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Chinese auto sales dropped for a second consecutive year in 2019

A total of 20.7 million passenger vehicles were sold in the country last year, down 7.

4% from the previous year, according to retail data released Thursday by the China Passenger Car Association, a trade organization made up of large foreign and domestic car makers and dealers. The annual pace of decline accelerated from 2018, when sales fell 5.8% from a year...

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