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Car sales in China in October rose just 1.4% Y/Y and fell 7.5% from September as subsidies for...

Car sales in China in October rose just 1.4% Y/Y and fell 7.5% from September as subsidies for purchases of energy-efficient cars wind down. The China Association of Automobile Manufacturers (CAMM) now sees the auto market growing less than 5% this year, down from 5% in July and 10-15% before that.
Comments (1)
  • wyostocks
    , contributor
    Comments (7641) | Send Message
     
    Not good for government motors.
    They should lobby for a new cash for clunkers program.
    9 Nov 2011, 12:48 PM Reply Like
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