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Carmakers fret over market turmoil in China, where auto sales largely outpace U.S.

2015-09-03 02:25:24| Auto Dealers - Topix.net

A decade ago, Chinese drivers bought just 6 million cars annually, less than a tenth of the vehicles sold worldwide. By last year, after an explosion of wealth for the middle and upper classes there, they bought almost 24 million vehicles - accounting for more than a quarter of global sales and a huge share of profits for major automakers.

Tags: us auto sales china

Category:Automotive

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