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China Passenger Car Association expects August passenger car retail sales to increase 29.6% to 1.88 million units
On August 19, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in August were expected to reach 1.88 million units, reflecting a year-over-year (y/y) increase of around 29.6%. Retail sales of New Energy Vehicles (NEVs) were expect....
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