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CAAM expects February new vehicle sales in China to increase by 13.8% y/y
The China Association of Automobile Manufacturers (CAAM) announced on March 3, via its official WeChat account, that according to aggregated data of sales figures for major companies, new vehicle sales in February are expected to realize a year-over-year (y/y) increase of 13.8% and reach 1.666 million units.
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