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China Passenger Car Association expects December passenger car retail sales to increase by 7.9% y/y to 2.315 million units
On December 17, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in December were expected to reach 2.315 million units, with y/y growth of 7.9%. Retail sales of the entire year for 2020 were 19.317 million, reflecting a y/y decli....
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