The Trader 

Market Outlook: China car sales slow yet again

The Trader

China’s Association of Automobile Manufacturers announced this morning that vehicle sales fell by 15.8 per cent in January from this period last year with 2.37 million cars sold. This is the seventh consecutive monthly decline with drops of 13 per cent in December and 14 per cent in November. However, sales of what they call ‘new energy vehicles’ rose to 95,700.

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