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CAAM expects June new vehicle sales in China to decline by 16.3% y/y

The China Association of Automobile Manufacturers (CAAM) announced on July 5, via its official WeChat account, that according to aggregated data of sales figures for major companies, new vehicle sales in June are expected to realize a year-over-year (y/y) decline of 16.3% and reach 1.926 million units. Passenger car ....

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