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China Passenger Car Association expects May passenger car retail sales to decline 19% y/y to 1.32 million units
On May 24, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in May were expected to reach 1.32 million units, reflecting a year-over-year (y/y) decline of around 19.0%.
According to the CPCA, Shanghai and surrounding areas have be....
According to the CPCA, Shanghai and surrounding areas have be....
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