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CAAM expects May new vehicle sales in China to increase by 0.5% y/y
The China Association of Automobile Manufacturers (CAAM) announced on June 3, via its official WeChat account, that according to aggregated data of sales figures for major companies, new vehicle sales in May are expected to realize a year-over-year (y/y) increase of 0.5% and reach 2.204 million units. Passenger car s....
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