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China Passenger Car Association expects December passenger car retail sales to increase 4.5%
On December 23, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in December were expected to reach 2.2 million units, reflecting a year-over-year (y/y) increase of 4.5%. Retail sales of New Energy Vehicles (NEVs) were expected to....
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