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LMC Automotive blog: Not quite the “Happy Chinese New Year” for vehicle sales so far
The Chinese vehicle market got off to a sluggish start in the New Year. Light Vehicle wholesales were 1.65 mn units, which was a sharp contraction of 34% year-on-year. Passenger Vehicle wholesales dropped to 1.51 mn units, a decrease of 33% year-on-year while Light Commercial Vehicle wholesales plunged by 50% year-on....
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