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Sentiment remains strong for China auto sales recovery

2015-11-13 05:30:32| Auto Dealers - Topix.net

The recovery of China's passenger-vehicle sales in October came in stronger than expected and the momentum should persist for at least a few months, analysts said, recommending manufacturers strong in small-engine vehicles like Geely Automobile and GAC Group. "China PV sales-volume recovery now seems more pronounced to us, partly on the purchase-tax cuts announced at end-September.

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