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China auto market growth forecast slashed to 3%

2015-07-10 12:22:58| Auto Dealers - Topix.net

China's vehicle sales only will grow 3 percent year-on-year in 2015, an industry association said on Friday, in a major downward revision of its prediction for the year. The China Association of Automobile Manufacturers in January said it expected combined sales for passenger and commercial vehicles to grow 7 percent to 25.1 million this year, compared with 6.9 percent in 2014.

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