Data out of China suggests that automobile sales remain a bright spot with first-half sales up...
Data out of China suggests that automobile sales remain a bright spot with first-half sales up 7.1% and trending strong right through May and June. Though the reports only track inventory, not sales, analysts forecast demand to remain above 8% for the rest of the year. General Motors (GM), Ford (F), and BMW (BAMXY.PK) could expect even higher numbers after posting double-digit Y/Y gains for China auto sales in June.
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