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China's SAIC sees slower growth in fragile car industry recovery

2014-03-27 15:30:20| Auto Dealers - Topix.net

China's biggest automaker SAIC Motor Corp forecast revenue growth would halve in 2014 from last year to about 8 percent and warned a recovery in the industry remained fragile due to overcapacity and cut-throat competition.

Tags: car industry growth recovery

Category:Automotive

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