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Top auto executives optimistic about Chinese prospects

2015-10-28 13:42:09| Auto Dealers - Topix.net

China, the world's largest auto market, has been posting slowing auto sales throughout the year, prompting apocalyptic scenarios of carmakers losing their massive profits that came with almost no effort on their behalf. But top automotive executives have now turned a page and see the Chinese market mostly going through a more normal process of stabilization following years of double digit growth that turned the country into the biggest global auto market ahead of the United States.

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